Saipem could lose $1.55 billion in 2015 revenue on South Stream

MILAN (Reuters) - Italian oil services firm Saipem may lose 1.25 billion euros ($1.55 billion) in revenue in 2015 due to Russia's apparent cancellation of the South Stream gas pipeline project, CEO Umberto Vergine told daily Il Sole 24 Ore in an interview.

from Reuters: Business News http://ift.tt/1HYzoFH