Saipem News

Saipem Wraps Up Pipeline Job at Equinor’s Norwegian Sea Project

Aug 01, 2025

Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea.Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem's flagship vessels…

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Aug 04, 2025

Inpex Masela, a subsidiary of Japan’s Inpex and the operator of the Abadi liquefied natural gas (LNG) project in the Masela Block in Indonesia, has started Front End Engineering and Design (FEED) work for the scheme, with Saipem, Worley, Technip…

Saipem Shares Financial Results for First Half of 2025

Jul 23, 2025

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history…

MDL Assists Saipem to Deliver Offshore Campaigns in West Africa

Jun 23, 2025

Maritime Developments (MDL) has supported Saipem’s work in West Africa by providing specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.The two scopes awarded to MDL entailed…

Aker BP Bites Dust in Norwegian Sea

Jun 25, 2025

Aker BP and its partners have drilled a dry well on the Rondeslottet prospect in the Norwegian Sea.Wildcat well 6405/7-4 was drilled in production license 1005, which was included in the Awards in Predefined Areas (APA) 2018, with awards taking place in March 2019…

Saipem Hires AIS Bardot to Supply Equipment for Deepwater Project off Angola

May 23, 2025

AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola.The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each…

Saipem Renews Offshore Activities Agreement With Saudi Aramco

Apr 17, 2025

Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long-Term Agreement (LTA) now extends until the end of 2027.With the renewal of the LTA, Saipem is reconfirmed in the exclusive list of contractors selected by Saudi Aramco who are eligible to bid for work orders…

Saipem Gets On Bard Eni’s Liverpool Bay CCS Project

Apr 28, 2025

Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April…

Aker BP and Partners Find Oil in Norwegian Sea

May 20, 2025

Aker BP and its partners have made an oil discovery near the Skary field in the Norwegian Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The oil discovery was made in the so-called E prospect near the Skary field, in wells 6507/5-13 S and 6507/5-13 A…

Norway’s Oil Drillers Seek Wage Negotiations to Avoid Strike

May 21, 2025

Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners'…

Saipem Firms Up Charter Option for Deep Value Driller Drillship

Apr 15, 2025

Saipem has entered into an amended bareboat charter with Deep Value Driller for the seventh-generation drillship Deep Value Driller.Earlier in 2025, the charterer, Saipem, was granted an option until April 14, 2025 to enter into an amended bareboat charter for the Deep Value Driller drillship…

Saipem First-Quarter Profit Jumps 31%

Apr 23, 2025

Italian energy contractor Saipem said on Wednesday its first-quarter core earnings jumped 31% year on year driven by the group's offshore engineering and construction activities.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 351 million euros ($398…

Saipem Nets $720M for Offshore Work in Middle East and Guyana

Apr 02, 2025

Italian offshore energy services firm Saipem has secured new offshore contracts in Middle East and Guyana, worth approximately $720 million.The first contract encompasses the engineering, procurement, construction and installation (EPCI) activities…

Saipem Showcases Its Star1 Floating Wind Technology

Mar 11, 2025

Saipem has presented its Star1 semi-submersible floating wind foundation technology, which was recently selected for two floating wind projects planned in the Mediterranean Sea.Deriving its name for star-like shape, the Star1 technology consists of three arms converging at the center…

Saipem, Divento Team Up for Two Mediterranean Floating Wind Projects

Mar 05, 2025

Saipem and Divento partnership have signed a collaboration agreement involving the application of STAR 1, Saipem's proprietary technology for floating wind, for two planned offshore wind projects in the Mediterranean Sea.Divento is a partnership between Copenhagen Infrastructure Partners (CIP)…

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