By Gaurav Raghuvanshi

SINGAPORE--Hyflux Ltd. (600.SG) said Tuesday it has won a contract worth US$50.4 million to build a seawater reverse-osmosis and sulphate-removal plant from a unit of Saipem S.P.A. (SPM.MI) in Saudi Arabia.

The plant will be built at Khurais oil field, about 150 kilometers northeast of Riyadh, and will be completed in one year, Hyflux said in a statement to the Singapore Exchange.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com

(END) Dow Jones Newswires

January 18, 2016 19:54 ET (00:54 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Saipem (BIT:SPM)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024 Plus de graphiques de la Bourse Saipem
Saipem (BIT:SPM)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024 Plus de graphiques de la Bourse Saipem