Saipem: new offshore contract awarded by Azule Energy for the Greater PAJ project in Angola worth a total of 1 billion USD

AI Summary

Saipem secured a $1 billion offshore contract from Azule Energy for the Greater PAJ project off the coast of Angola. The contract involves transportation and installation services supporting the energy project led by Eni and bp's joint venture.

Saipem has been awarded a new offshore contract by Azule Energy Exploration (Angola) Limited and Azule Energy Angola B.V., subsidiaries of an incorporated joint venture owned by Eni and bp, mainly for transportation and installation (T&I) services in support of the Greater PAJ project, located approximately 200 kilometres off the coast of Angola. The contract, ...