Corinth Pipeworks is awarded the contract for the N05-A pipeline
PRESS RELEASE
Brussels, 28 March 2023
Cenergy Holdings announces that Corinth Pipeworks, its steel pipes segment, was awarded a contract by ONE-Dyas B.V. to provide High Frequency Welded (HFW) steel pipes for the N05-A platform.
The N05-A platform is located in the North Sea, about 20 km north of the Ems estuary. This offshore gas production project will run entirely on renewable energy from the nearby Riffgat wind farm, which actively contributes to the energy transition and the achievement of the Paris Climate Agreement’s goals.
The contract covers approximately 16km of 20” diameter High Frequency Welded (HFW) pipeline, and includes external 3-layer polypropylene and concrete (cement) weight coating applied at the same location as pipe manufacturing. The HFW pipes will be manufactured in Corinth Pipeworks’ facility in Greece and will be delivered within 2023.
Furthermore, the pipeline will be certified according to the ASME B31.12 option B certification code for hydrogen pipelines, supporting the plans for future transportation of up to 100% hydrogen.
This project is important in the effort to reduce the environmental footprint of natural gas production with the assistance of electricity from renewable sources, such as offshore wind farms. Electricity from the wind farm will be able to be converted into green hydrogen and transported via pipelines to the onshore grid.
About One Dyas B.V.
ONE-Dyas B.V. is the largest privately owned Oil and Gas exploration and production operating company in the Netherlands. The Company is strategically positioned in the North Sea (Netherlands, United Kingdom, and Germany) and has extensive experience in managing a successful and balanced upstream portfolio of operated and non-operated exploration and production assets. Its approach is that of carefully planned strategy underpinned by technical expertise, geographical diversification, and cost-effective development and operations. For more information, please visit our website at onedyas.com.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information, please visit our website at www.cenergyholdings.com.