Italy’s Maire Tecnimont in partnership with US firm Baker Hughes on 23 May announced they had won a $2.3bn EPC contract from Algerian state firm Sonatrach “for the implementation of three gas boosting stations and the upgrading of the gathering system, located at the Hassi R’Mel gas field.”
Maire says its portion of the award is worth $1.7bn, implying a share of 70-75% and a Baker Hughes portion of $600mn. (CONTINUED - 778 WORDS)
