Saipem Signs New Offshore E&C Contracts Worth Approximately USD 400 Million

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Saipem has signed new Offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately 400 million USD.

In Azerbaijan, Total has awarded a SURF contract to the consortium between Saipem’s subsidiary, Saipem Contracting Netherlands BV, Boshelf LLC and STAR GULF FZCO, for the development of the Absheron field operated by JOCAP, a JV between TOTAL E&P Absheron (50%) and SOCAR Absheron (50%), from 10 mt to 500 mt of water depth,...

https://www.marineinsight.com/shipping-news/saipem-signs-new-offshore-ec-contracts-worth-approximately-usd-400-million/

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