Italian oil services group Saipem said on Tuesday it would appeal an Algerian court ruling ordering one of its units to pay a 34,000 euro ($37,104) fine for allegedly inflating prices on contracts to build a gas pipeline.
A Milan court has ordered the seizure of assets worth 250 million euros ($268 mln) from three defendants caught up in an Algeria corruption case involving Italian oil services company Saipem, a court document showed.
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