Saipem SpA (SPM.MI), Europe's biggest oil services company by market value, said Friday it clinched engineering and construction onshore contracts worth about $600 million.
Saipem SpA (SPM.MI),
Europe
's
biggest oil services company by market value, said Friday it clinched
engineering and construction onshore contracts worth about $600 million.
In a statement, Saipem said that last month it was awarded a contract for the
Safco V project by the Saudi Arabian Fertilizer Co. The project is due to be
completed in the first half of 2014.
Saipem, which is controlled by Eni SpA (E), also said it agreed to various
increases in the scope of its works on existing onshore contracts.
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