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BRIEF-Saipem Wins Contract In Joint Venture With Clough In Australia

Published 30/12/2020, 05:49 pm
© Reuters.
SPMI
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Dec 30 (Reuters) - Saipem SpA SPMI.MI :

* CONTRACT AWARDED IN JOINT VENTURE WITH CLOUGH FOR A UREA PLANT IN AUSTRALIA

* OVERALL CONTRACT IS WORTH AROUND 2.4 BILLION USD

* SAIPEM'S SHARE AMOUNTS TO APPROXIMATELY 1.2 BILLION USD

* HAS REACHED EPC AGREEMENT WITH PERDAMAN CHEMICAL AND FERTILIZERS PTY LTD FOR THE DEVELOPMENT OF THE BURRUP UREA PROJECT

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