Saipem

Saipem and TechnipFMC today announced the two companies have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where the combination of …

Saipem and WSense, an Italian start-up in the field of innovation, have signed a cooperation agreement for developing complex communication networks for subsea drones. These so-called multi-purpose intelligent nodes will be designed and qualified by Saipem and WSense to be interfaced to underwater drones engineered and operated by Sonsub, Saipem’s …

Saipem presented its most innovative technologies on gas and low carbon during Gastech 2021, the most important international event in the world in the gas sector,which took place in Dubai from 21 to 23 September. The event brought together leaders and experts in the energy sector to talk about topics …

Saipem is the first company among the other 12 Italian ones in the Engineering News-Record (ENR) ranking, the leading US magazine for construction and engineering industry professionals. ENR recently published the Top 250 International Contractors ranking of 2021 in which Saipem ranked 14th. The Top 250 of ENR gathers the …

The Saipem SpA Board of Directors, chaired by Silvia Merlo, approved, yesterday, the Consolidated Half-Year Financial Report as at 30 June 2021[1]. Highlights of the first half-year Revenues of approximately €3.2 billion and adjusted EBITDA at a loss of €266 million. Operating results, reflect a slowdown compared to the first …

Saipem signed a bareboat charter contract with the Samsung Heavy Industries Company yards for a new drillship, the Samsung Santorini which will be delivered in November 2021. The bareboat charter of about two years duration allows Saipem to strengthen the competitiveness of its fleet without investing in new assets, but …

Following a significant seven-figure investment, Saipem has expanded its Saudi Arabian training facility in Dammam to install state-of-the-art simulator technology to boost skills and competency across its teams. The new DrillSIM:5000 Cyber drilling simulator, developed by market-leader Drilling Systems, sets the global standard in advanced drilling and well control simulation. …

With its 23rd place, Saipem is the first Italian company out of the 100 most sustainably managed companies in the world. The study was conducted by an independent academic research team led by the @WSJ, who assessed more than 5,500 publicly traded businesses based on a range of sustainability metrics.  The …

The Frame Agreement encompasses feasibility and conceptual studies, FEED, detailed engineering and related follow-on and support for R&D activities, as well as assistance to Equinor for its upcoming projects, including new energy-related projects in the onshore, offshore and floating wind sectors. The scope of the Frame Agreement extends, but is …

Saipem and Daewoo E&C Co. Ltd have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector.  By combining both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the two companies will …