
Saipem Wins $2 Billion Kutei FPSO Contract in Indonesia
Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.

Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.

A ferry carrying cement capsized in the Mahakam River near Ujoh Halang, leaving eight people dead and triggering a multi-agency search operation that faced strong currents and difficult access conditions.
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