Saipem in pole position for pipeline contract

By Fabio Palmigiani Rio de janeiro

 24 December 2011 01:04 GMT

Italian subsea manufacturer Saipem is in pole position to ­secure another major contract off Brazil, after presenting the lowest bid in a tender covering a key pipeline installation campaign for Petrobras in the Santos basin.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index