ITALY WINS SAUDI ENERGY CONTRACT

LONDON [MENL] -- Italy's leading oil service company has won two contractsto support the Saudi oil industry. The Milan-based Saipem announced the award of two onshore constructioncontracts in Saudi Arabia. In a statement on Wednesday, Saipem, controlledby Italy's oil and gas group Eni, said it would install a seawater supplypipeline system for Saudi Aramco.