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SPM Saipem Spa

2.351
-0.02 (-0.84%)
Last Updated: 11:05:11
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
  -0.02 -0.84% 2.351 2.352 2.353 2.399 2.339 2.375 12,897,893 11:05:11

Italy's Saipem Wins Offshore Contracts in Guyana, Egypt for Around $1.2 Billion

15/12/2022 1:47pm

Dow Jones News


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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)

Copyright (c) 2022 Dow Jones & Company, Inc.

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