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Saipem Gets $650 Million In Onshore Contracts

MILAN -(Dow Jones)- Italian oil services provider Saipem SpA (SPM.MI) Wednesday said it has received $650 million worth of onshore contracts. MAIN FACTS: - Saipem got a contract from Canadian Natural Resources Ltd. (CNQ) to build a secondary upgrader with a production capacity of 42,599 barrels per stream day, or bpsd, of hydrotreated gas oil as part of the Horizon Oil Sands project. - In Nigeria, it got a contract to build the second train for a power plant at Afam. -By Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908;

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