Oil and gas company BW Energy has agreed to buy Saipem's Cidade de Vitoria FPSO for $73 million in cash. The vessel is currently owned by Saipem and operated for Petrobras in the Golfinho field offshore Brazil.The sale and purchase of the FPSO…
Italian energy services group Saipem has agreed to sell its onshore drilling business to Britain's KCA Deutag (KCAD) for $550 million, as it strives to bolster its finances after a profit warning and focuses on offshore drilling.Asset sales…
Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…
Italian oilfield services and technology company Saipem will provide its FlatFish subsea drone for Shell's and Petrobras' ultra-deepwater projects in Brazil.Under the contract, Shell and Petrobras will use Saipem's FlatFish subsea drone in two…
Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…
Italian oilfield services firm Saipem has confirmed it has recently been awarded a limited notice to proceed (LNTP) by BW Offshore, for the early-stage engineering services for the supply of an FPSO unit to be supplied to Shell for the development of the Gato do Mato field offshore Brazil…
Norwegian oil and gas company Vår Energi on Thursday signed strategic partnership agreements with Aker Solutions AS, Havfram, and Saipem for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS)…
Saipem's giant Saipem 7000 semi-submersible crane vessel is set to return to operation at the Seagreen wind farm site in the UK a month and a half after it was involved in a tilting incident in Norway.As previously reported, in mid-April, Saipem…
Italian energy services company Saipem, Norwegian subsea services firm Havfram, and HVAS Invest Kappa AS (a company controlled by HitecVision) have signed a non-binding agreement to evaluate a potential collaboration in the development and construction of offshore wind farms…
Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BP’s Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal, with the chartering of two vessels…
Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…
The first of two offshore electricity substations was installed at the site of the project at Neart na Gaoithe (NnG) offshore wind farm, under construction 15km off the coast of Fife, Scotland.This milestone means NnG can be fully connected…
Italian energy services group Saipem is working to bring forward a planned 2 billion euro ($2.12 billion) capital increase and carry it out in the summer, CEO Francesco Caio told Il Sole 24 Ore in an interview published on Tuesday.The capital…
Saipem 7000 - File Photo - Credit:Saipem Saipem 7000, Saipem's giant semi-submersible crane vessel, tilted in a fjord in Norway with 275 people aboard, the Norwegian news website vg.no has reported.According to the website, which cited eyewitness accounts…
FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil…
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