Kvaerner, Saipem Sign $28M Deal
December 19, 2000
Kvaerner ASA said it has an intentional deal with Italian oilfield services company Saipem for a subsea umbilical project in the Gulf of Mexico. The deal, valued at about $28 million, calls for Kvaerner to manufacture and supply production control, electrohydraulic steel tube umbilicals for the Canyon Exress subsea development, in which Saipem is the main contractor, it said in a statement. The steel tube umbilicals will be manufactured at Kvaerner's.
Related News
Silversea Takes Delivery of New Cruise Ship Silver Ray
Siem Offshore Rebrands as Sea1 Offshore Following Chairman Exit
Salvors Set to Blast Collapsed Baltimore to Pieces
Cadeler Secures Up to $140M in Vessel Agreements with Equinor and Polenergia
Worker Dies in Accident at Peru's Chancay Megaport Project