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…
Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…
The Offshore Technology Conference (OTC), held annually in Houston, on Tuesday announced the winners of their 2023 Spotlight on New Technology Award. The organizers say that the awards are given exclusively to OTC exhibitors 'who are reshaping…
Italian energy services group Saipem aims to raise about 750 million euros ($796 million) from the partial sale of assets in its drilling business, CEO Alessandro Puliti said on Tuesday, citing shallow water vessels in particular.Saipem, in…
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…
Italian energy services group Saipem on Monday raised its earnings expectations for 2023 and the next few years after beating 2022 targets as its restructuring plan started to bear fruit. The company reported adjusted core earnings of 595 million euros ($631 million) on sales of 9…
Saipem has agreed to restart a liquefied natural gas (LNG) project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said on Tuesday.The project, which would be the first onshore development of a LNG plant in the African country…
Harland & Wolff said on Friday that it would 'rationalize' the number of people working at its Methil facility in Scotland.This was in response to the contract termination settlement with Saipem over the building of jackets for the Neart na…
Subsea 7's renewables-focused offshore installation subsidiary Seaway7 on Thursday announced it has struck a deal with offshore services company Saipem to collaboratively pursue projects in the growing offshore wind industry.Under the commercial collaboration agreement…
Scana's PSW Technology has won a contract with offshore drilling firm Deep Value Driller for deep-water BOP stack services. The deal comes just days after Deep Value Driller secured a contract with Saipem for its Deep Value Driller deepwater drillship…
Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured bring to work (B2W) contract for its offshore vessel Energy Duchess and a medium-term contract in direct continuation.The 83.4-meter vessel of Ulstein PX121…
Oslo-listed oil and gas company BW Energy said its planned acquisitions of Petrobras' working interest in Golfinho and Camarupim deepwater oil fields, and the related FPSO from Saipem, were facing delays as a Brazilian ministry has ordered a review of Petrobras divestment program…
Italian offshore engineering and construction company Saipem said Friday it had won two offshore contracts worth $900 million in total.First, together with Aker Solutions, Saipem won a contract with the French oil major TotalEnergies in Brazil…
Oil company EnQuest said Friday it had awarded an upper jacket removal contract for its Heather platform in the UK North Sea to Italian offshore services firm Saipem.The Heather field and its associated Heather Alpha platform are located about 94 kilometers northeast of Shetland…
DNV is launching a project to develop a decision tool and reference for stakeholders to use during the specification, design, manufacture, procurement, and approval of any equipment intended for the installation and decommissioning of bottom-fixed wind turbines…