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…
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…
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…
Ocean Challenger, the asset management company owned by the Chinese offshore rig builder CIMC, said Wednesday it 'has tied new knots' with the Italian energy services firm Saipem to deploy the 300-foot jack-up rig Gulf Driller IV in the Middle East…
Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total. In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…
ModuSpec has secured a contract to provide rig intake and inspection services to the Norwegian oil company Aker BP.The contract includes assisting Aker BP ASA during the inspection and acceptance phases of Saipem's Scarabeo 8, 6th generation…
FPSO leasing firm BW Offshore said Thursday that Shell and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and Saipem in relation to the supply of an FPSO for the Gato do Mato oil and gas field offshore Brazil…
Italy's Saipem improved its guidance for the full year after third-quarter adjusted core earnings and revenue beat analysts' expectations. The energy contractor reported on Thursday an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of 215 million euros ($216…
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…
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…
The first wind turbine jacket foundation has been installed at the Neart na Gaoithe offshore wind farm, 15.5km off the east coast of Scotland.Following the arrival of the first ten steel jackets on site, Saipem, through its subcontractor Heerema…
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…
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…
Italian oilfield services firm Saipem said Thursday it had secured three new engineering and construction contracts - one onshore and two offshore - in Angola. The total value is around $900 million.The contracts are with the New Gas Consortium…
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…
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