Friday, April 3, 2015
Saipem and Nigeria’s Dangote Group have formed a JV company for the West Africa market. The JV company will be named Saipem Dangote E&C and focus on securing complex engineering and construction projects in the region.
The new JV will benefit from Dangote’s financial strength, expertise and standing in the sub-Saharan African market, where it has launched a significant oil and gas investment program, complemented by Saipem’s unique capabilities in engineering and construction, to develop new business.