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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

Technip, Malaysia Marine JV Gets Contract From Petroliam Nasional

27/09/2013 11:50am

Dow Jones News


Saipem (BIT:SPM)
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From Jul 2019 to Jul 2024

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   By Jason Ng 
 

KUALA LUMPUR--Malaysia's state-energy company Petroliam Nasional Bhd. said Friday it has awarded an engineering and construction contract for the development of two gas fields to a joint venture of Technip S.A. (TEC.FR) and Malaysia Marine & Heavy Engineering Holdings Bhd. (5186.KU).

The two gas fields are located in Block SK316, north of Bintulu in Sarawak state, Petroliam Nasional, also known as Petronas, said in a statement. There were two other bidders, Berlian McDermott Sdn. Bhd. and SAIPEM (M) Sdn. Bhd., that had vied for the contract, Petronas said.

Financial details weren't disclosed.

Write to Jason Ng in Kuala Lumpur at jason.ng@wsj.com

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


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