Saipem Company News
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Saipem Eyes JV with Saudi Construction Firm
Wednesday, February 26, 2020 Saipem has signed an MOU with Abdel Hadi Abdullah Al Qahtani & Sons Co. (AHQ).
$500MM+ in Offshore Contracts Go to Saipem
Friday, February 07, 2020 This photo shows the Saipem 7000 crane and pipelay vessel. PHOTO SOURCE: Saipem
Saipem to Test Plastic Recycling Tech
Monday, January 20, 2020 Saipem reported Monday that it has signed a license agreement to test a new technology for the disposal and reuse of plastics.
Offshore Contractors Primed For a Busy 2020
Wednesday, January 08, 2020 Some industry insiders have doubts about whether there is sufficient contractor capacity to deal with the expected volume of business.
Oilfield Services Looking Beyond Oil and Gas
Monday, December 23, 2019 As the majors have diversified into power and renewable energy storage, oilfield service contractors have followed suit.
Saipem Makes Global Onshore Deal with Daewoo
Monday, November 11, 2019 Saipem and Daewoo E&C will cooperate on targeted onshore projects worldwide, particularly in LNG.
Oilfield Services Firms Moving Beyond Oil, Gas Projects
Tuesday, October 29, 2019 Oilfield services companies are moving past just oil and gas projects and embracing more renewable energy projects going forward.
Guyana Nears Oil and Gas Turning Point
Tuesday, October 08, 2019 One of RAMPS Logistics' employees in Guyana. PHOTO SOURCE: RAMPS Logistics
BP Awards Three Caspian Contracts
Friday, October 04, 2019 BP has awarded three new contracts for the development of the ACG oil and gas field offshore Azerbaijan.
Saipem Makes Subsea Robotics Deal with Equinor
Wednesday, October 02, 2019 Saipem's Hydrone-R, above, is set to make history. PHOTO SOURCE: Saipem
Saipem Plans GOM Spool-Base
Monday, August 05, 2019 The new facility will support the Saipem Constellation pipelay vessel. PHOTO SOURCE: Saipem
Saipem Testing Underwater Drone
Friday, August 02, 2019 Saipem's Sonsub division is testing a new subsea robotics technology.
$3.5B-Plus Saudi Aramco Contracts Go to Saipem
Tuesday, July 09, 2019 Saipem is one of 16 contract winners in Saudi Aramco's Berri and Marjan development program. PHOTO SOURCE: Saudi Aramco
Saipem Wins Contracts for Semisub, Jack-up
Friday, April 05, 2019 Two contracts are valued at more than USD $200 million.
Saipem in Talks to Divest Its Drilling Business
Monday, April 01, 2019 The flailing offshore division, which saw a 24 percent decline in revenue last year, could go to a competitor.
$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.
Saipem Clears Hurdle for Uganda Refinery
Tuesday, March 12, 2019 The facility would help Uganda to become a fuel exporter.
Onshore-Offshore Vietnam Contract Goes to Saipem
Wednesday, January 30, 2019 The 'Blue Whale' project could generate $20B for Vietnam's government.
Offshore Egypt Project to Start New Phase
Thursday, December 20, 2018 Saipem and Petrobel have negotiated an offshore contract addendum for the 'Ramp Up to Plateau' phase of the Zohr gas field.
Arctic LNG Contract Goes to Saipem
Wednesday, December 19, 2018 Arctic LNG 2 will boast three 6.6-mtpa trains.
Saipem-led JV Wins Contract for LNG Project in Nigeria
Friday, July 13, 2018 Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.
Three Drilling Contractors Advance in Rigzone Employer Survey
Thursday, May 24, 2018 Three drilling contractors posted year-on-year gains in the ranking for that industry group in Rigzone's 2018 Ideal Employer Survey.
Saipem Scouting Around as Subsea 7 Bid Makes Waves
Tuesday, April 24, 2018 Italian oil services group Saipem is looking round for growth opportunities.
Executives: Algeria's Sonatrach, Italy's Saipem Agree To End Disputes
Wednesday, February 14, 2018 Sonatrach and Saipem sign an agreement to end their legal disputes over four gas projects.
Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia
Tuesday, December 19, 2017 For Vladimir Putin, this is a second energy-sector victory in a little over a week.
Ifax: Saipem To Conduct Feasibility Study On Rosneft Chemical Plant
Friday, September 15, 2017 Rosneft has commissioned Saipem to conduct a technical and commercial feasibility study of Rosneft's planned petrochemical plant.
Saipem to Build Pipelines for Kuwait Refinery Project
Wednesday, August 16, 2017 A unit of Kuwait Petroleum Corp. has awarded Saipem an approximately $850 million contract tied to KOC's Al Zour refinery project.
Saipem Warns On Profits After Falling To 2Q Loss
Tuesday, July 25, 2017 Saipem lowers its annual earnings forecasts citing tough market conditions.
Saipem Seen Getting Work In Novatek's Arctic LNG 2 Project
Monday, July 24, 2017 Saipem is likely to get a sub-contractor role in a new project to produce LNG in the Arctic by Russia's Novatek.
Saipem Limited Wins BP Decommissioning Contract in North Sea
Friday, December 16, 2016 Oilfield services firm Saipem Limited, a subsidiary of Saipem SpA, has been awarded a new decommissioning contract in the North Sea.
Statoil: Saipem Rig Catches Fire Off Norway, No Injuries Reported
Tuesday, November 22, 2016 A fire broke out in an engine room on Saipem's Scarabeo 5 drilling rig in the Norwegian Sea.
Saipem Secures Services Contracts Worth $1B
Thursday, November 10, 2016 Oilfield services firm Saipem has been awarded new contracts in the offshore segment worth an overall amount of around $1 billion.
Saipem Cuts More Jobs As Crisis Drags On
Tuesday, October 25, 2016 Saipem will cut 800 more jobs across Europe in the next four years as part of a plan to cope with a prolonged market crisis that will trim revenues next year.
Saipem Secures Drilling Contracts in Middle East, South America Worth $430M
Thursday, September 22, 2016 Saipem has been awarded new contracts, and extensions to existing contracts, in the Middle East and South American onshore drilling sectors worth $430 million.
BP Progresses Development of Shah Deniz 2 Project
Friday, September 02, 2016 BP progresses development of the Shah Deniz 2 Project in the Caspian Sea offshore Azerbaijan, with the platform jacket to be installed soon.
Saipem Bags 2 Contracts for Indonesia's Tangguh LNG Expansion Project
Thursday, July 28, 2016 Saipem bags two contracts for onshore and offshore work on the BP-operated Tangguh liquefied natural gas (LNG) expansion project in Indonesia's Papua Barat Province.
Saipem Cuts Guidance as Project Delays Take Toll
Wednesday, July 27, 2016 Italian oil contractor Saipem cut its guidance for the year, saying clients hit by low oil prices were delaying the awarding of contracts.
Saipem-Led Consortium Wants up to $49M More for Building Polish LNG termina
Tuesday, July 19, 2016 A consortium that built Poland's new liquefied natural gas terminal files a request for an additional payment of up to $49 million from the facility's operator.
Keppel Wins $89M Deals for Work on 3 Floating Facilities, 1 Pipelay Vessel
Friday, July 08, 2016 Keppel Shipyard wins contracts valued at $89 million for work on three floating facilities and a pipelay vessel.
Saipem Secures Offshore Engineering, Construction Contracts Worth $1.6B
Thursday, July 07, 2016 Saipem has been awarded new offshore engineering and construction contracts worth in excess of $1.6 billion.
Saipem Secures New Drilling Contracts
Thursday, June 09, 2016 Saipem secures new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately $170 million.
Saipem Names Gulio Bozzini as Chief Financial and Strategy Officer
Wednesday, June 08, 2016 Saipem appoints Giulio Bozzini as chief financial and strategy officer as current chief financial officer Alberto Chiarini leaves for a new post in Eni.
Saipem Secures EPCI Contract for TAP Pipeline
Thursday, April 14, 2016 Saipem S.p.A secures a new EPCI (Engineering, Procurement, Construction and Instalation) contract for the offshore section of the Trans Adriatic Pipeline project from Trans Adriatic Pipeline AG.
Saipem Shares Fail to Open After Stake Placed at Discount
Tuesday, March 08, 2016 Shares in Saipem failed to open in early trade after sources said banks had placed around 700 million shares at a discount on Monday.
CIMIC-Saipem JV Issues Notice of Dispute on Gorgon Contract to Chevron
Tuesday, February 23, 2016 The CIMIC-Saipem consortium issues a notice of dispute to Chevron regarding the Gorgon LNG and Marine Structures Project in Australia.
Saipem Counting the Cost of Going Solo in Low Oil Price World
Friday, February 12, 2016 Low oil prices and little sign of recovery anytime soon leaves Italian oil contractor Saipem ill-prepared to cope with a new life independent from its former parent Eni.
Kommersant: Saipem, Technip Among Bidders for $4B Nord Stream Tender
Wednesday, January 13, 2016 Italy's Saipem and France's Technip are among the companies vying for a $4 billion contract to expand the Nord Stream gas pipeline, Russian business daily Kommersant reports citing sources.
Aker Solutions, Saipem to Collaborate on Subsea Projects
Friday, December 18, 2015 Aker Solutions and Saipem agree to cooperate on targeted subsea oil and gas development projects worldwide.
RGU's Oil & Gas Institute Makes Key Appointments
Monday, December 07, 2015 Robert Gordon University appoints a Drilling & Wells Excellence Manager and Commercial Manager to its Oil & Gas Institute.
Inpex Completes Laying a 553-Mile Subsea Pipeline for Ichthys LNG Project
Thursday, November 05, 2015 Inpex completes work to lay a 553-mile subsea pipeline for the Ichthys liquefied natural gas project offshore Australia.