Saipem Notes 'Serious Work Related Accident' Aboard Vessel

Saipem has reported that a serious work related accident occurred today in the afternoon aboard the Saipem 7000 vessel, during the operations for the laying of the MEDGAZ trans-Mediterranean pipeline in international waters between Algeria and Spain. Three people were declared deceased, while one person is still missing and another four injured. The Company is currently investigating the causes of the accident.