Saipem (+0,97%), contract in Nigeria for 800 million dollars

An 800 million dollar E&C Onshore contract in Nigeria for Saipem. This is the Ssags (Southern Swamp Associated Gas Solution) project developed at sites approximately 65 kilometers southeast of Warri, Delta State and includes the engineering, procurement, construction and commissioning of compression at the four sites of Ogbotobo, Beneside, Opukushi and Tunu, and new central production facilities in Tunu to treat the associated gas collected. It is the first time, underlined Saipem, that a mega-project has been fully developed in Nigeria. It will be completed in 32 months. Saipem on the stock market rises by 0,97%