Saipem signs deal with Daewoo for onshore projects, with focus on LNG
11/11/2019
Italy’s Saipem said it signed a strategic agreement with Daewoo E&C Co. for cooperation in the onshore oil and gas industry, with a specific focus on the LNG sector.
“LNG is strategic for us and we are definitively focusing on it to consolidate our onshore E&C activities and results,” said Maurizio Coratella, COO of the Saipem Onshore E&C division, in a statement.
The deal will combine both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the statement added. (Reporting by Giancarlo Navach, editing by Giulia Segreti)
Sign up to Receive Our Newsletter
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments