Eni (E) & BP Award Offshore Contracts Worth $700M in Total
The Eni (E) and BP contracts follow Saipem's recent agreement worth $1 billion with Mellitah Oil & Gas, which involves a gas project offshore Libya.
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The Eni (E) and BP contracts follow Saipem's recent agreement worth $1 billion with Mellitah Oil & Gas, which involves a gas project offshore Libya.
The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant.
Within a span of two days, the company has clinched agreements with two major oil players, Eni and BP, collectively valued at approximately $700 million.
Italian oilfield services company Saipem has awarded two new offshore contracts worth a total of around $700m, from bp and Eni Congo.
Saipem revealed this week that it has won three new deals worth around $1.7 billion.