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Saipem, contracts in the world for 800 million dollars

Stock market shares well – Mexican Transportadora de Gas Natural de Norte-Noroeste (Transcanada) has awarded Saipem an EPC-type contract for a gas pipeline.

Saipem, contracts in the world for 800 million dollars

Saipem has been awarded Onshore E&C contracts for 800 million dollars and the company's stock shines in Piazza Affari, up by almost two points. 

In detail - explains in a note the plant engineering company of the Eni group - the Mexican Transportadora de Gas Natural de Norte-Noroeste (Transcanada) has awarded Saipem an Epc type contract for a gas pipeline that will connect El Encino, located in the State of Chihuahua, in Topolobampo, in the state of Sinaloa on the west coast of Mexico.

In Australia, Saipem has negotiated with Santos Glng an increase in the scope of work within the current development of the Santos Glng Gas Transmission Pipeline project, in Queensland.

The additional scope of work includes engineering, procurement and construction of a subsea tunnel with partial lining for the wetland crossing between Gladstone State Development and Curtis Island.

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