Weak quarterly results and mixed 2022 guidance overshadowed a new business plan from Saipem on Thursday, sending shares in the Italian energy services group down more than 8%.In his first strategy plan, Chief Executive Francesco Caio said Saipem…
Italian Saipem has signed a cooperation agreement with the Italian start-up WSense to develop complex communication networks for subsea drones.These multi-purpose intelligent nodes will be designed and qualified by Saipem and WSense to be interfaced…
Italy said on Friday it had received 64 expressions of interest to build offshore wind farms following a tender launched by the ecology transition ministry.Italy is keen to boost the development of offshore renewable energy plants to help reach…
Oilfield services companies TechnipFMC and Saipem have entered into a commercial agreement to jointly pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects.The companies said they target SURF project where the combination of the companies’ complementary 'world-class assets…
Italian energy industry services firm Saipem has awarded Fugro a monitoring contract to support the construction of an LNG jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania.Starting in December, Fugro will deploy its InclinoCam…
Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities…
The first offshore wind turbine jacket foundation has been installed at Seagreen – Scotland’s largest offshore wind farm under construction - using Saipem 7000 crane vessel.Loaded on a barge at Global Energy Group’s Port of Nigg in the Highlands of Scotland…
That’s the question? Or, more specifically, are there alternative ways of delivering robotics to where they’re needed without having to have seabed docking stations? Elaine Maslin takes a look. The idea for some kind of resident subsea vehicle has been around for some time…
Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian…
Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…
Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…
Italian oilfield and renewables services provider Saipem on Monday launched a technological solution for the offshore production of green hydrogen and the conversion of oil & gas facilities called SUISO.'SUISO combines various renewable energy sources such as floating wind…
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won an order to build a fixed offshore platform for the Al-Shaheen oil field in Qatar.The order, worth around KRW 725.3 billion ($635,3 million) was made by the North Oil Company (NOC)…
Wintershall Dea Norge has awarded Saipem's Scarabeo 8 semi-submersible drilling rig a six-well drilling contract in Norway.The harsh-environment rig will drill the wells in the Norwegian part of the North Sea, with operations start-up slated for the fourth quarter of 2021…