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2014-03-19 20:05:00

SOUTH STREAM'S OFFSHORE SECTION

SOUTH STREAM'S OFFSHORE SECTION

NGE. Russia's Gazprom announced it is proceeding with the South Stream's offshore section, signing contracts with Italy's Saipem and a Japanese consortium comprised of Marubeni-Itochu and Sumitomo (40% of total output), United Metallurgical Company (35%) and Severstal (25%).

Oleg Aksyutin, Chief Executive Officer of South Stream Transport, and Stefano Bianchi, Senior Vice President of Saipem, signed a contract on Friday for the construction of the first line of the offshore section.

'According to the signed contracts worth around EUR 2 billion, Saipem will generate…

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Tags: SOUTH STREAM, GAS, GAZPROM, SAIPEM

Chronicle:

SOUTH STREAM'S OFFSHORE SECTION
2019, April, 17, 11:10:00

RUSSIA'S ARCTIC ENERGY

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SOUTH STREAM'S OFFSHORE SECTION
2019, April, 17, 11:05:00

NUCLEAR FOR BETTER LIFE

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SOUTH STREAM'S OFFSHORE SECTION
2019, April, 17, 11:00:00

RUSSIA, DUBAI INVESTMENT

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SOUTH STREAM'S OFFSHORE SECTION
2019, April, 17, 10:55:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in March after edging up 0.1 percent in February; for the first quarter as a whole, the index slipped 0.3 percent at an annual rate.

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