Saipem News

Ranhill Worley Scores $50M Engineering Design Contract with Saipem

Apr 26, 2023

Ranhill Worley has secured a $50 million contract with Saipem's subsidiary Servizi Energia Italia to perform detailed engineering design for two compression complexes associated with the North Field Production Sustainability (“NFPS”) Offshore Compression Complexes Project in Qatar…

Norwegian Offshore Drilling Unions Seek Mediation as Wage Talks Falter

May 24, 2023

Wage talks involving around 8,000 oil drilling workers in Norway broke down early on Wednesday, labor unions said, raising the risk of strike action later this year that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…

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…

Offshore Wind: Heerema Set to Install Dogger Bank A Substation Topside

Apr 17, 2023

Heerema Marine Contractors' offshore installation vessel Thialf is set to install the offshore substation platform topside within the Dogger Bank A offshore wind farm construction area in the UK North Sea. The vessel has previously installed…

World's Deepest Offshore Wind Foundation Installed in Scotland

Apr 12, 2023

Italian energy services firm Saipem has installed what has been described as the world’s deepest offshore wind turbine foundation at Scotland’s largest offshore wind farm – Seagreen.Last Friday, Seaway 7 transported the jacket foundation on…

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 Charters 7th Gen. Deepwater Drillship "Deep Value Driller"

Feb 24, 2023

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…

Baker Hughes, SLB, Equinor, Saipem Among 2023 OTC Spotlight on New Technology Award Winners

Mar 28, 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…

After Delay, BW Energy Expects Closing of Petrobras' Oil Field Acquisition in Q2 2023

Mar 17, 2023

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…

Saipem Aims to Raise €750 Million from Asset Sales

Feb 28, 2023

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…

Saipem Raises Expectations after Exceeding 2022 Targets

Feb 28, 2023

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…

Harland & Wolff Cuts Jobs at Methil after Offshore Wind Contract Termination

Feb 17, 2023

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…

Saipem to Restart Mozambique LNG Project for TotalEnergies in July

Mar 02, 2023

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…

Seaway7 and Saipem Partner in Pursuit of Offshore Wind Work

Feb 23, 2023

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…

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