Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…
Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…
Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem, has secured an Approval in Principle (AIP) from the classification…
Italian firm Saipem has won two new contracts for offshore engineering and construction work in Romania and in Germany, with a total value of approximately 1.8 billion euros (currently around $1,97 billion).The first contract relates to the…
Italian offshore services firm Saipem has won two offshore drilling contracts, one in the Middle East and one in the Mediterranean Sea, worth about $550 million in total.In the Middle East, Saipem said it had ensured the continuity of the ongoing…
Italian offshore engineering and construction company Saipem has won a new contract with Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP)…
Enerpac won a contract by Saipem to supply the Hydraulic Levelling and Fixation System for the installation of 64 transition pieces (TP) at the offshore wind farm in France. The Enerpac system is designed to allow accurate levelling and fixation of the transition pieces on the monopile foundation…
Risk Intelligence, a company specializing in security risk management by delivering threat and risk assessments, said Thursday it had signed a significant three-year contract extension with Saipem for its Risk Intelligence System.The new three…
Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.The project, which would be the first onshore development of a LNG plant in the African country…
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…
Italian offshore services firm Saipem said Tuesday that its Integrated Acoustic Unit (I.A.U.) technology for monitoring of subsea pipelines during laying operations had obtained the statement of qualified technology for medium and large pipelines by DNV…
Offshore installation and decommissioning services firm Allseas has awarded Modern American Recycling Services Europe (‘M.A.R.S.’) a contract for project management and engineering, receipt with load-in assistance, dismantling, and disposal…
Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…
Italian offshore energy services firm Saipem has received from ExxonMobil the authorization to proceed with the final phase of its contract related to the delivery of subsea systems for the Uaru oil field development project in Guyana.In December 2022…
The Petroleum Safety Authority (PSA) said Friday it had granted Aker BP and OMV consents for drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has received consent to conduct exploration drilling in block 25/2 of the North Sea in Production license 442…