Saipem News

Saipem Says Recovery on Track after Positive Q3

Oct 26, 2023

Italian energy services group Saipem has made significant progress in its turnaround and is close to completing the problematic projects that forced it to raise capital last year, its CEO said on Thursday.Commenting on third-quarter results…

Saipem Taps Rosetti Marino for EPC Project Offshore Libya

Oct 25, 2023

Italian engineering and construction firm Rosetti Marino said Tuesday it had won a contract with the Italian energy industry services firm Saipem for offshore EPC activities in the Mediterranean Sea off Libya worth over 300 million euros.Saipem…

Saipem Secures $910M in Offshore Contracts for Ivory Coast and Italy Work

Sep 08, 2023

Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…

Italy's Saipem Secures $4.1 Billion Contract for Offshore Project in UAE

Oct 05, 2023

Italy's Saipem, in consortium with Abu Dhabi's National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for an offshore construction contract related to the freshly sanctioned Hail and Ghasha Development Project in the United Arab Emirates…

Bareboat Charter: Deep Value Driller Hands Over 7th Gen. Drillship to Saipem

Sep 13, 2023

Drillship-owning firm Deep Value Driller AS has delivered its 7th generation drillship 'Deep Value Driller' to Saipem under a bareboat charter deal signed earlier this year.Saipem has chartered the drillship for an estimated firm period of three years…

Saipem to Convert Drilling Rig into FPU for Eni Congo. Wins Gig with BP in Gulf of Mexico

Aug 11, 2023

Italian energy industry services firm Saipem has won two new contracts, the first by Eni Congo and the other by BP, for a total value of around $700 million.The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo…

Malaysian Firm Clinches $300 Million Offshore Platform Contract in Angola

Sep 27, 2023

Malaysia-based firm Sapura Energy has secured an offshore platform transportation and installation contract in Angola.The contract, with Azule Energy, an Angolan joint venture between Eni and BP, is worth around $300 million and is related to Angola Northern Gas Complex  (NGC) Project…

DNV Gives Thumbs Up to Moss Maritime's LH2 Ship Transport Solution

Sep 04, 2023

Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem,  has secured an Approval in Principle (AIP) from the classification…

BW Energy Closes Deal to Acquire Saipem FPSO in Brazil

Aug 29, 2023

Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…

Saipem Wins $1,97B in Offshore Contracts in Romania and Germany

Aug 04, 2023

Italian firm Saipem has won two new contracts for offshore engineering and construction work in Romania and in Germany, with a total value of approximately 1.8 billion euros (currently around $1,97 billion).The first contract relates to the…

Saipem Secures $1 Billion Contract for Bouri Gas Utilisation Project Offshore Libya

Aug 10, 2023

Italian offshore engineering and construction company Saipem has won a new contract with Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP)…

Saipem Secures $550 Million Worth of Offshore Drilling Contracts

Jun 27, 2023

Italian offshore services firm Saipem has won two offshore drilling contracts, one in the Middle East and one in the Mediterranean Sea, worth about $550 million in total.In the Middle East, Saipem said it had ensured the continuity of the ongoing…

Saipem Commits to Three More Years with Risk Intelligence

Jul 27, 2023

Risk Intelligence, a company specializing in security risk management by delivering threat and risk assessments, said Thursday it had signed a significant three-year contract extension with Saipem for its Risk Intelligence System.The new three…

Italy's Saipem Sees Progress Towards Resuming Mozambique LNG Pproject

Jul 27, 2023

Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.The project, which would be the first onshore development of a LNG plant in the African country…

Saipem Secures $1B in New Contracts for Offshore Activities in Middle East and Subsea Drone Project in Brazil

Jun 29, 2023

Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…

Current News

Valaris Nets $447M Brazil Drillship Extension, Inks Suriname Collaboration Deal

Valaris Nets $447M Brazil Dril

SLB Expands Digital Operations Partnership with Azule Energy off Angola

SLB Expands Digital Operations

France Sets Forth 10GW Offshore Wind Tender in Larger Renewables Push

France Sets Forth 10GW Offshor

Seadrill’s West Polaris Drillship on Prolonged Stay with Petrobras off Brazil

Seadrill’s West Polaris Drills

Subscribe for OE Digital E‑News