News: BHP Italy's Saipem wins $1.1 billion contracts in Australia and Guyana

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    MILAN, Jan 11 (Reuters) - Italian energy services group Saipem SPMI.MI said on Tuesday it had won two offshore contracts in Australia and Guyana for a total amount of $1.1 billion.

    One of the contracts relates to the Scarborough gas field in the Carnarvon Basin, offshore Western Australia, for the export trunkline coating and installation of the pipeline that will connect the gas field with the onshore plant, Saipem said in a statement.

    The contract was awarded by Scarborough Joint Venture, of which Woodside Energy Scarborough Pty Ltd (WPL) owns 73.5%, with the remainder held by BHP Petroleum (Australia) Pty Ltd (BHP) .

    The second contract, signed with a subsidiary of Exxon Mobil Corp XOM.N , is for the Yellowtail development project located in the Stabroek block offshore Guyana at a water depth of around 1,800 meters.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$39.64
Change
-0.330(0.83%)
Mkt cap ! $201.3B
Open High Low Value Volume
$39.77 $40.20 $39.30 $902.1M 22.59M

Buyers (Bids)

No. Vol. Price($)
1 132000 $39.53
 

Sellers (Offers)

Price($) Vol. No.
$39.64 4977 1
View Market Depth
Last trade - 16.14pm 19/09/2025 (20 minute delay) ?
BHP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.