Saipem Awarded Angola Contracts Worth More Than $4B By Total


MILAN, April 16 (Reuters) - Italian oil services group Saipem said on Wednesday it had been awarded two contracts with a combined value over $4 billion, by French oil major Total, to carry out work in Angola.

The contracts involve engineering, procurement and production as well as commissioning offshore and onshore work for Floating Production Storage and Offloading projects, Saipem said.

The main project relates to two units that will have capacity to treat 115,000 barrels of oil per day.

(Reporting by Isla Binnie; Editing by Oleg Vukmanovic)

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Substation Field Engineering Intern Job
Expertise: Field Development|Field Service Tech|Student / Recent Grad
Location: Littlefield, TX
HR Advisor
Expertise: Cementing|HR - General
Location: Mt Braddock, PA
HR Advisor
Expertise: HR - General|Well Control
Location: Punxsutawney, PA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours