TODAY.AZ / Business

Saipem wins contract for maintenance of BP offshore facilities in Azerbaijan

29 October 2008 [10:29] - TODAY.AZ
Saipem, Europe's biggest oil-field services contractor by market value, won a contract in Azerbaijan.
Saipem will inspect, maintain and repair offshore facilities owned by BP Plc in Azerbaijan, the Milan-based company said today in a statement distributed by the Italian stock exchange. BP can extend the five-year agreement by two years.

Saipem is controlled by Rome-based Eni SpA, which has a 43 percent stake. Saipem accounts for about 30,000 people from 100 countries.

/Bloomberg, RBK-Ukraina/
URL: http://www.today.az/news/business/48581.html

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