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Saipem Gets Green Light for South Stream Pipelay Project

Saipem has just been given the go-ahead by South Stream Transport BV to commence construction of a multi-billion dollar 931 kilometer subsea gas pipeline that will connect Russia to Europe through the Black Sea. Water depths for this pipeline will reach up to 2200 meters. South Stream Transport B.V. is wholly-owned by Gazprom. Russian natural gas also […]