Saipem S.p.A.MIL: SPM

Saipem Awarded Three Offshore Contracts In Azerbaijan For $600 Mln

· Issued by Saipem S.p.A.

On 6ix: 6ix.com/news/saipem-awarded-three-offshore-contracts-in-azerbaijan-for-dollar600-mln

Watch Saipem's latest callSaipem (Milan:SPM) Q2 2026 Earnings Call · Replay · Jul 28Read the transcript of Saipem (Milan:SPM) Q2 2026 Earnings Call

Saipem SpA MIL:SPM:

  • THREE NEW OFFSHORE CONTRACTS WORTH A TOTAL OF APPROXIMATELY $600 MILLION IN AZERBAIJAN

  • CONTRACTS IN CONSORTIUM WITH BOS SHELF AND BOS SHELF INTERNATIONAL FZCO, TOTAL VALUE AROUND $700 MILLION, WITH SAIPEM'S SHARE AMOUNTING TO $600 MILLION

  • OFFSHORE ACTIVITIES TO START IN Q3 2026, WITH COMPLETION EXPECTED IN 2029

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