Thursday, 25 July 2024 01:02
Saipem backlog jumps to $33Bln as energy contracts multiply and first-half revenues show 20 percent increase
Saipem, the Italian engineer for LNG, oil and pipeline gas subsea contracts, reported a rise in earnings as well as a surge in new contracts and revenues, giving the company a backlog of €30 billion ($33Bln) and signalling an improving energy sector.
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