
Corinth Pipeworks, a subsidiary of Cenergy Holdings, has signed an agreement to manufacture and supply steel pipes for Israeli State Gas Distribution Company (Israel Natural Gas Lines) (INGL) for the subsea section of a new high-pressure gas pipeline between Ashdod and Ashkelon.
Chevron, after acquiring Noble Energy and operating the Leviathan and Tamar offshore gas fields, has agreed with INGL to provide gas transmission services.
This new pipeline system, in addition to the expansion of other existing gas distribution lines, will allow Chevron and its partners to transport up to 7 billion cubic meters of gas a year to Egypt.
The new contract covers approximately 50 kilometers of LSAW steel pipes with an outer diameter of 36 inches and includes anti-corrosion coating and cement coating. The production will take place at the facilities of Corinth Pipeworks in Thisvi, Boeotia, within 2021. The installation of the pipeline is scheduled to start in 2022.
According to the company, this assignment is another important milestone that confirms the strong position of the Corinth Pipeworks for underwater projects in the Southeastern Mediterranean region, and follows the successful completion of the Leviathan and Karish deep gas pipelines.


Latest News

Unemployment Rate in Greece Down 8.9% in January: IOBE
The unemployment rate in Greece recorded a further decline in January 2025, reaching 8.9%, according to the latest Foundation for Economic & Industrial Research (IOBE) report.

Demand for Short Term Rentals in Greece Surges Ahead of Easter
Among the most popular Easter destinations from Good Friday to Easter Monday are Corfu, Hydra, the Peloponnese, Ioannina, Patmos, Loutra Edipsou, Kavala, Thassos, and Pelion

Opposition Reacts Strongly to Greek Government Reshuffle
PASOK's spokesperson, Kostas Tsoukalas, characterized the reshuffle as a clear indication of Mitsotakis' "strategic deadlock."

Greece’s Economy Awaits Moody’s Verdict on Investment-Grade Rating
The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.

Greek PM Reshuffles Cabinet after No-Confidence Vote
The most notable changes in the Greek cabinet reshuffle include Kostis Hatzidakis being appointed Deputy Prime Minister and Kyriakos Pierrakakis taking over as Minister of National Economy and Finance.

Mitsotakis: Greece-Israel Strategic Ties Increase Stability in East Med
Greek Prime Minister Kyriakos Mitsotakis made the statement in welcoming Israeli Foreign Minister Gideon Sa'ar to his office on Thursday

Conference Tourism in Greece Targets €6-7BLN
Currently, the Greek conference tourism generates €2 billion in revenue, ranking 47th globally in terms of total turnover in the international conference industry

Greece 2nd Last in Employment Prospects in EU: ManpowerGroup Report
Contrary to the global average, Greece’s employment prospects are strongest in the consumer goods and services sector

Greece Returns to Markets Reopening 15- and 30-Year Bonds
Pricing of the new bonds is expected to be finalized today, March 13, with settlement anticipated on March 20

Research in Greece : Wasted Talent, Missed Opportunities
The symposium made one thing clear: Greece possesses the intellectual capital to compete globally, but without decisive policy reforms, its research potential will continue to be squandered.