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Saipem lands $1bln gas project contract in Libya

Italy-based Saipem, a leading oil and gas industry contractor, has been awarded a new contract worth $1 billion by Mellitah Oil & Gas BV Libyan Branch, a consortium of National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP).

As per the deal, Saipem will undertake revamping of the platforms and of the facilities of the Bouri gas field, which lies in water depths between 145 m and 183 m, offshore the Libyan coast.

Link: https://www.zawya.com/en/business/energy/saipem-lands-1bln-gas-project-contract-in-libya-sgc3b1aw

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