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Saipem Wins $1.8 Billion Offshore Contract in Middle East

MT Newswires·08/12/2026 23:22:17
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11:22 PM EDT, 08/12/2026 (MT Newswires) -- Saipem (SPM.MI) said Wednesday it received an offshore contract in the Middle East worth $1.8 billion. The Italian company will provide engineering, procurement, construction and installation services for offshore and subsea facilities under the contract.