Lisa Jucca News

Italian state-owned Fincantieri plans to list a stake close to 50 percent in its initial public offering on the Milan bourse, a source close to matter said on Tuesday. The group, wholly owned by state lender Cassa Depositi e Prestiti (CDP), which in turn is controlled by Italy's Treasury, announced earlier on Tuesday it has filed for listing. The sale of a minority stake in the group is part of a privatisation push the Italian government launched last year to raise funds to cut its public debt. (Reporting by Francesca Landini; Editing by Lisa Jucca)

(Reuters) - Saipem has won new contracts for off-shore engineering and construction in Congo and Indonesia worth a total $520 million, the Italian oil services group said on Monday. Saipem said parent company ENI had assigned a consortium led by Saipem a $1.1 billion contract to build a floating production unit (FPU) in Indonesia. "The FPU will be delivered at site ready for surf hook-up in 34 months," Saipem said in a note. In Congo, the group won a contract with Aker Solutions to build under-sea structures, including suction anchors, for the Moho project. By 0912 GMT shares in Saipem rose 0.65 percent against a 0.1 percent rise in Italy's FTSE MIB leading stock index.   (Reporting by Valentina Za; Editing by Lisa Jucca)