Italy's Saipem Signs Contracts for $380 Million
December 22 2017 - 1:18PM
Dow Jones News
By Marc Navarro Gonzalez
Saipem SpA (SPM.MI) has signed several contracts for onshore and
offshore projects valued around $380 million.
The Italian oil-and-gas contractor said Friday that it has
signed a contract with Eni Angola SpA to help develop the Vandumbu
field in Angola at depths ranging from 1,300 to 1,500 meters.
Saipem said it will also install a compression platform in the
Gulf of Mexico on behalf of Dragados Offshore de Mexico SA.
The rest of the contracts have been awarded in Norway, the
Arabian Gulf, Kazakhstan, Romania, Argentina and Bolivia, Saipem
said.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
December 22, 2017 13:03 ET (18:03 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Saipem (BIT:SPM)
Historical Stock Chart
From Oct 2024 to Nov 2024
Saipem (BIT:SPM)
Historical Stock Chart
From Nov 2023 to Nov 2024
