Subsea Cable Assets secures first Saipem contract worth $20M

Netherlands-based Subsea Cable Assets (SCA) has won its first contract with Saipem, valued at $20 million, for subsea cable services. The contract signals SCA's entry into Saipem's supply chain, though details on scope and timeline remain undisclosed. This development is notable for the subsea infrastructure sector, potentially impacting offshore energy and telecom projects.