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SPM Saipem Spa

2.228
-0.097 (-4.17%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Saipem Spa BIT:SPM Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.097 -4.17% 2.228 2.227 2.26 2.362 2.238 2.31 44,868,347 17:00:00

Aker Solutions and Saipem to Cooperate on Subsea Projects

18/12/2015 8:42am

Dow Jones News


Saipem (BIT:SPM)
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   By Dominic Chopping 
 

Norway's Aker Solutions ASA (AKSO.OS) and Italy's Saipem S.p.A. (SPM.MI) have Friday agreed to team-up on global subsea oil and gas development projects.

The companies said they will identify opportunities where they can combine capabilities in subsea products and technologies with engineering, procurement, construction and installation of subsea infrastructures.

"We will team up with Saipem on targeted projects, providing integrated solutions that will...reduce development time and lower operating costs," said Luis Araujo, Chief Executive of Aker Solutions.

 

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @domchopping @WSJNordics

 

(END) Dow Jones Newswires

December 18, 2015 03:27 ET (08:27 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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