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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

Saipem Gets $500 Million Offshore Contracts in Venezuela, Brazil

22/04/2013 11:45am

Dow Jones News


Saipem (BIT:SPM)
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By Liam Moloney

Saipem SpA (SPM.MI), Europe's biggest oil services company by market value, Monday said it got new offshore engineering and construction contracts in Latin America worth a total of about $500 million.

In a statement, Saipem said the contracts involved the natural gas Perla project in Venezuela, as well as contracts for Sapinhoa Norte and Iracema Sul in Brazil in the Santos Basin pre-salt region.

Saipem, which is controlled by Eni SpA (E), is slated to report first-quarter results Tuesday.

Write to Liam Moloney at liam.moloney@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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