Italy’s Saipem wins contracts in Brazil and Guyana worth $1.9 billion

Italy’s Saipem wins contracts in Brazil and Guyana worth $1.9 billion

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A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour

A Saipem logodesign in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa’s harbour, Italy, November 19,2015 REUTERS/Alessandro Garofalo/File Photo Acquire Licensing Rights

ROME, Nov 29 (Reuters) – Italian energy engineering and facilities business Saipem (SPMI.MI) has won 2 offshore agreements in Brazil and Guyana worth around $1.9 billion in overall, it stated on Wednesday.

In Brazil, Saipem was granted a agreement by Equinor (EQNR.OL) for the Raia job, which imagines the advancement of a pre-salt gas and condensate field in the Campos Basin, situated about 200 kilometres overseas the state of Rio de Janeiro, a declaration stated.

The task is one of Brazil’s most essential gas advancement efforts and might cover 15% of the overall domestic gas need of the nation, Saipem stated.

In Guyana, it was granted a agreement by Exxon Mobil’s (XOM.N) subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield advancement situated in the offshore Stabroek block.

Reporting by Alvise Armellini, modifying by Federico Maccioni

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