Saipem wins $1 billion order for Kashagan field work
17:59, 18 May 2009
KAZINFORM. May 18. KAZINFORM Saipem SpA, the biggest European oil- field services provider by market value, won a $1 billion contract for work at Kazakhstan?s Kashagan field, Kazinform refers to Bloomberg.
Saipem will work with Norway?s Aker Solutions ASA to build and connect offshore facilities, the Milan-based company said today in an e-mailed statement. Saipem?s portion of the contract is valued at ?approximately $1 billion,? it said, adding that it will also conduct onshore work, Kazinform cites Bloomberg.
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