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Saipem

Recent Articles

Oceaneering Bags Saipem Gig Offshore Egypt
Monday, May 20, 2013 Oceaneering International secures a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development.
Saipem 1Q Suffers from Low-Margin Contracts
Tuesday, April 23, 2013 Italian oilfield services firm Saipem says its first-quarter profit more than halved due to low-margin contracts in its engineering and construction businesses.
Saipem Unexpectedly Cuts Dividend As Net Profit Drops 30%
Wednesday, February 13, 2013 Saipem unexpectedly cut its 2012 dividend by 2.9% because of lower earnings, after the oil services company lost more than a third of its market capitalization last month when it slashed earnings guidance.
Eni CEO to Rethink Structure of Saipem Relationship
Monday, February 11, 2013 Eni is rethinking the structure of its relationship with Saipem in light of a criminal inquiry into the company for alleged bribes of Algerian officials, Eni CEO Paolo Scaroni said.
Eni Chief Is Under Investigation
Thursday, February 07, 2013 Milan prosecutors have placed Eni CEO Paolo Scaroni under investigation as part of a probe into possible corruption of Algerian officials by Saipem, according to a person familiar with the investigation.
More Deals for Saipem
Friday, November 23, 2012 Saipem wins $500 million of onshore drilling contracts after announcing $800 million of pipeline work Thursday.
Saipem Announces Deals Worth $800M
Thursday, November 22, 2012 Oil services firm Saipem has announced deals in Mexico and Australia worth a combined $800 million.
Saipem Secures $1.1B Contracts in Brazil, Angola, Russia
Friday, October 19, 2012 Saipem wins new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea.
Statoil, Partners Award $1.6B in Rig Contracts
Wednesday, October 03, 2012 Statoil lines up semisubs Bideford Dolphin, Stena Don and Scarebeo 5 for work on the Norwegian Continental Shelf.
Saipem Wins New Contracts Worth Almost $200 Million
Friday, September 28, 2012 Saipem wins new contracts worth almost $200 million for jobs in Abu Dhabi, Ecuador and Egypt.
Saipem Secures $950M in E&C Contracts
Monday, September 24, 2012 Saipem signs new E&C Offshore contracts in Angola, Kazakhstan and North Sea, worth approximately $950 million.
Norway's PSA Investigates Stability Incident on Scarabeo 8 Drilling Rig
Thursday, September 13, 2012 The Petroleum Safety Authority Norway starts an investigation on a stability incident that took place on the Scarabeo 8 drilling rig.
Scarabeo 8 Rig in Listing Incident in Barents Sea
Wednesday, September 05, 2012 All 140 workers safe after the Scarabeo 8 rig was brought under control in half an hour Tuesday afternoon.
Harvest Natural Lines Up Rig for Prospect Offshore Gabon
Thursday, August 09, 2012 Harvest Natural Resources has secured the use of semisub Scarabeo 3 to drill the Tortue prospect on the Dussafu Marin Permit offshore Gabon.
Singapore-headquartered MEO Wins LNG Services Contracts
Friday, August 03, 2012 Miclyn Express Offshore wins contracts totaling $25 million (AUD24 million) for three vessels by Saipem to support construction activities at Gorgon LNG project.
Saipem Scoops Up E&C Work Onshore Nigeria
Thursday, July 26, 2012 Saipem has been awarded a new E&C Onshore contract in Nigeria worth over $800 million.
Saipem Wins Saudi Aramco Drilling Contracts
Tuesday, July 24, 2012 Saipem has been awarded new onshore drilling contracts in Saudi Arabia worth approximately $250 million.
Saipem Bags E&C Work Offshore West Africa
Friday, June 29, 2012 Saipem signs new E&C Offshore contracts in West Africa, in Angola and in Nigeria, worth approximately $350 million.
Saipem Scoops Up Offshore, Onshore Work for $500M
Tuesday, June 26, 2012 Saipem has been awarded new offshore and onshore drilling contracts worth approximately $500 million.
Saipem Lands More Than $1.1B in E&C Offshore Contracts
Monday, May 21, 2012 Saipem has been awarded new E&C Offshore contracts in Russia and the North Sea worth over $1.1 billion.