Saipem $1.5 Bn Shah Deniz deal

摘要

Saipem and its partners Bos Shelf and Star Gulf have been awarded a deal under the Shah Deniz Stage 2 Master Agreement by BP, on behalf of the Shah Deniz partnership. The total value of the contract is around US $1.5 Bn (Saipem share $1.3 Bn), with a duration of five years plus a possible extension for a further five.