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SPM Saipem Spa

2.147
-0.045 (-2.05%)
03 May 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
  -0.045 -2.05% 2.147 2.14 2.159 2.208 2.117 2.195 24,217,788 17:00:00

Italy's Saipem Signs Contracts for $380 Million

22/12/2017 6:18pm

Dow Jones News


Saipem (BIT:SPM)
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   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.

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