Saipem wins $1 billion order for Kashagan field work
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. See www.bloomberg.com for full version.