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Saipem wins Shah Deniz contract worth $1.8B

  • Saipem (SAPMY) says BP awarded the company and its partners a ~$1.8B contract to perform offshore work for the Shah Deniz consortium in Azerbaijan.
  • The Italian contractor will transport and install jackets, topsides and subsea infrastructure and lay more than 360 km of pipelines at the Caspian Sea project.
  • Saipem says the project will be completed by the end of 2017, with first gas scheduled for 2018.
Comments (2)
  • BAHAMAS1
    , contributor
    Comments (1922) | Send Message
     
    BP is doing just what it should...keep plugging away in a more profitable way.

     

    Long BP
    30 Apr, 12:24 PM Reply Like
  • ansim999
    , contributor
    Comments (2) | Send Message
     
    Saipem is the best offshore contractor out there.
    They will definitely deliver.
    1 May, 05:36 AM Reply Like
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