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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 Wins Engineering, Offshore Construction Contract in Nigeria

25/06/2013 11:09am

Dow Jones News


Saipem (BIT:SPM)
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By Giovanni Legorano

MILAN--Saipem SpA (SPM.MI) said Tuesday it was awarded a contract worth $3 billion for the subsea development of the Egina field in Nigeria.

The company said that it signed the contract with Total Upstream Nigeria Ltd.

It added that the scope of the work includes engineering, procurement, fabrication, installation and pre-commissioning of 52 kilometers of gas export pipelines, 80 kilometers of umbilicals and of the mooring and offloading systems.

Write to Giovanni Legorano at giovanni.legorano@dowjones.com

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


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