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Saipem News

 

Saipem Bags Offshore Contracts Worth $650M

Apr 03, 2023

Italian energy industry services firm Saipem said Monday it had won three new offshore contracts and two competitive FEED contracts totaling around $650 million.Azule Energy has assigned the first contract for the Agogo Full Field Development project…

Saipem Scores $400M Contract for Freshly Chartered 7th Gen. Deepwater Drillship

Mar 01, 2023

Italian oilfield services company Saipem said Wednesday it had secured a $400 million contract for the Deep Value Driller drillship in the Ivory Coast with the joint venture between Eni Côte d'Ivoire Ltd. and Petroci. The contract length was not disclosed…

Saipem to Use Biofuels on Drilling and Construction Vessels in Mediterranean Sea

Feb 23, 2023

Eni's subsidiary Eni Sustainable Mobility and offshore services company Saipem have entered into a Memorandum of Understanding (MoU) to utilize biofuels on Saipem's drilling and offshore construction vessels, focusing on operations in the Mediterranean Sea…

Saipem Bags $1.2B Worth Offshore Oil Field Contracts in Guyana and Egypt

Dec 15, 2022

Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…

Saipem to Buy 7th-gen Drillship from Samsung Citing Growing Rig Demand, Dayrates

Dec 05, 2022

The Italian energy industry services firm Saipem has decided to buy the 7th-generation Santorini drillship from Samsung Heavy Industries, citing rising dayrates and an optimistic forecast for offshore drilling rig demand.To remind, Saipem first chartered the drillship from Samsung in late 2021…

Saipem Completes GBS Installation Works on Fecamp Offshore Wind Farm

Nov 02, 2022

Italian energy industry services firm Saipem said Wednesday it had, in consortium with Bouygues Travaux Publics and Boskalis (BSB), installed and ballasted the Gravity-Based Structures (GBS) foundations for the Fécamp offshore wind farm in Normandy…

Saipem Wins Its Largest-ever Offshore Contract

Oct 20, 2022

Italian energy industry engineering and construction firm Saipem said Thursday it had secured the largest single offshore contract by total value in the company’s history.The company has won a contract with Qatargas for the North Field Production…

Saipem Nets 1B Euros Worth of Contracts in Ivory Coast

Sep 28, 2022

Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…

Saipem Names Energy Industry Veteran Puliti as CEO

Aug 31, 2022

Saipem  has promoted Alessandro Puliti to the post of chief executive to replace Francesco Caio who has resigned with immediate effect, the Italian energy services company said on Wednesday.Puliti, will also continue in his current role as general manager of the group…

Oil Spill Response Limited to Use Saipem's FlatFish Drone

Aug 22, 2022

Italian oilfield services giant Saipem and Oil Spill Response Limited (OSRL) have signed an extension of their existing Services Agreement to include the provision of FlatFish, Saipem’s underwater drone for environmental monitoring and inspection of asset integrity…

Banks to Mop Up New Saipem Shares for 592M Euros after Cash Call

Jul 15, 2022

A pool of banks will have to buy shares worth almost 600 million euros in Saipem SPMI.MI after a cash call by the Italian energy services firm fell short of the 2 billion euro target it was seeking from investors to shore-up its finances.Saipem on…

Saipem Expands Offshore Drilling Fleet with New Jack-up Rig

Jul 11, 2022

Italian energy industry services provider Saipem has expanded its offshore drilling fleet with a new jack-up drilling rig - the Perro Negro 11.Ocean Challenger, the asset management company of the Chinese rig builder CIMC, in June entered into a bareboat charter contract with Saipem…

Saipem Hits 'Important' Offshore Wind Milestones in France, Taiwan

Jul 08, 2022

Italian energy services firm Saipem on Friday said it had reached important milestones in offshore wind, in relation to the Saint Brieuc project in France, and the Formosa 2 project in Taiwan.In France, Saipem said it has successfully completed…

Saipem Sells Onshore Drilling Business as Its Focuses on Offshore Drilling

Jun 01, 2022

Italian energy services group Saipem has agreed to sell its onshore drilling business to Britain's KCA Deutag (KCAD) for $550 million, as it strives to bolster its finances after a profit warning and focuses on offshore drilling.Asset sales…

Saipem's FlatFish Drone to be Deployed for Ultra-deepwater Inspection at Shell and Petrobras Fields in Brazil

May 24, 2022

Italian oilfield services and technology company Saipem will provide its FlatFish subsea drone for Shell's and Petrobras' ultra-deepwater projects in Brazil.Under the contract, Shell and Petrobras will use Saipem's FlatFish subsea drone in two…

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