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Topic: eni

A floating production, storage and offloading (FPSO) vessel at sea
Markets
Tuesday, 7/7, 01:37 PM

Saipem Wins a $2 Billion Contract for an Indonesian Offshore Gas Project

  • Italy's Saipem has been awarded a contract worth about $2 billion, its share, to build a floating production vessel for the Kutei North Hub gas development off Indonesia.
  • The deal adds to the order books of one of the world's biggest energy-engineering contractors and reflects a rush of investment into new gas supply.

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