San Donato Milanese (MI), April 24, 2019 - Saipem has signed a Preliminary Agreement with JSC GazpromNeft Moscow Refinery and an EPC Contract with Infrastructure Development and Construction (“IDC”) for an aggregate value of around 500 million Euro.Epc Contract • April 24th, 2019
Contract Type FiledApril 24th, 2019The Preliminary Agreement in Russia covers the execution on an EPC basis of a new “Sulphur Recovery Unit” (SRU) inside the existing Moscow refinery. The signature of the final EPC Contract is expected to take place by the end of the Second Quarter 2019 on the basis of the main terms and conditions agreed between the parties as an integral part of the same agreement.