Saipem Gets $650 Million In Onshore Contracts

Date : 09/21/2011 @ 6:11AM
Source : Dow Jones News
Stock : Canadian Natural Resources Limited (CNQ)
Quote : 33.41  0.65 (1.98%) @ 4:00PM

Saipem Gets $650 Million In Onshore Contracts

Saipem (BIT:SPM)
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Italian oil services provider Saipem SpA (SPM.MI) Wednesday said it has received $650 million worth of onshore contracts.

 
   MAIN FACTS: 

- Saipem got a contract from Canadian Natural Resources Ltd. (CNQ) to build a secondary upgrader with a production capacity of 42,599 barrels per stream day, or bpsd, of hydrotreated gas oil as part of the Horizon Oil Sands project.

- In Nigeria, it got a contract to build the second train for a power plant at Afam.

-By Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908; gilles.castonguay@dowjones.com




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