Middle East Economic Survey
Saipem Wins Kashagan Contracts
Italys Saipem, a member of the Eni Group, on 18 January announced that it had won a contract worth $286mn from Agip KCO for the installation of the offshore facilities system relating to the experimental phase of the Kashagan oilfield development. Agip KCO, also a member of the Eni Group, is operator of the North Caspian Sea Production-Sharing Agreement (NCSPSA). The scope of the work includes the...