Saipem wins contract worth $1.8 bln
MILAN, April 30 (Reuters) - Italian oil services group Saipem (Other OTC: SAPMY - news) said on Wednesday it had won a contract to do offshore work for the Shah Deniz consortium in Azerbaijan worth an overall $1.8 billion.
In a statement Saipem said BP (LSE: BP.L - news) , in the name of the Shah Deniz consortium, had awarded a contract to a consortium comprising Saipem, Bos Shelf and Star Gulf. (Reporting by Stephen Jewkes; editing by Francesca Landini)