Italy's Saipem Wins Offshore Contracts in Guyana, Egypt for Around $1.2 Billion
December 15 2022 - 8:47AM
Dow Jones News
By Giulia Petroni
Italy's Saipem SpA on Thursday said that it has won two offshore
contracts from Exxon Mobil Corp. and Petrobel for a total amount of
around $1.2 billion in Guyana and Egypt.
The energy contractor said the contract awarded by ExxonMobil
Guyana is for an oil-field development project in the Stabroek
block, and is subject to government approvals.
The second contract awarded by Petrobel, a joint venture between
Eni SpA and the Egyptian General Petroleum Corporation, is for the
transportation, installation and pre-commissioning of 170
kilometers of umbilicals for the Zohr Field.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 15, 2022 08:32 ET (13:32 GMT)
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