Gazprom hunts Saipem replacement

A consortium led by Russia’s Gazprom is already scouting out alternative contractors for the new Turkish Stream (TurkStream) pipeline project after quashing a pipelaying deal with Italy’s Saipem for a Black Sea pipeline project.

In limbo: Saipem's Castoro Sei vessel was all ready to start pipelaying operations in the Black Sea before the deal was axed
In limbo: Saipem's Castoro Sei vessel was all ready to start pipelaying operations in the Black Sea before the deal was axed
Published 9 July 2015, 14:54Updated 17 October 2016, 12:36
EuropeEastern EuropePolitics