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Fisia Italimpianti, a subsidiary of Webuild Group, won two contracts worth €408 million ($439 million) to build and manage a water treatment plant for the ZULUF onshore oil facilities in Saudi Arabia. The EPC contract is worth $327 million and the O&M contract is worth $112 million.
“The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and its return to the operation and maintenance segment of the water sector.”webuildgroup.com
Summarized from public sources; check the original articles before acting on it.