Italian energy services group Saipem expects no major delay to projects and predicted brisker business in the last part of the year after swinging to a loss in the third quarter.'We are not out of the woods yet ... (but) the picture starts to get brighter…
Norwegian oil and gas company Vår Energi has been given consent to use Saipem's Scarabeo 8 drilling rig on the Goliat oil field in the Barents Sea, off Norway.Vår Energi will use the semi-submersible drilling rig for production drilling on the Goliat field…
Italian engineering and construction company Saipem, known for its offshore oilfield and drilling services, is increasing its involvement in the offshore wind sector.After securing several offshore wind installation contracts for its Saipem 7000 heavy lift vessel…
Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology.Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives…
Pipeline coatings company Shawcor will deliver thermal insulation and anti-corrosion coating services for the ExxonMobil-operated Payara development offshore Guyana.ExxonMobil, with its partners Hess and CNOOC, sanctioned the development of the Payara oil field earlier this week…
Italian oilfield services company Saipem has terminated the charter party for Solstad Offshore's Normand Maximus offshore construction vessel four years early.Norwegian offshore vessel owner Solstad said Friday that Normand Maximus Operations Ltd…
One of the world’s largest offshore construction vessels Saipem 7000 has arrived 15km off the Fife coast to start the first phase of the offshore construction at the site of Neart na Gaoithe (NnG) offshore wind farm.Under the contract awarded in November 2019…
Efforts to increase remote capability often go hand in hand with increasing ROV residency. But exactly what form residency takes is diverging. Elaine Maslin takes a look.Dial back the clock five years and there was a movement towards an idea dubbed subsea resident remotely operated vehicles (ROVs)…
Italian engineering and construction company Saipem has firmed up its growing presence in the offshore wind supply chain by securing three contracts worth 90 million euros in total at major wind farms being developed in the UK and France.In England…
After years of expensive carbon capture and storage (CCS) studies and test centers, Europe has now reached a phase where large-scale CCS developments make sense financially, Norwegian energy market intelligence group Rystad Energy has said.In a report on Monday…
Italian shipbuilding firm Fincantieri, and its compatriot energy services company Saipem have signed an agreement to promote the development of deep-seabed mining (DSM), i.e. the sustainable exploitation of deep-sea floors over 3,000 meters in depth…
Spanish energy company Iberdrola has via its French subsidiary Ailes Marines awarded a contract for the construction of an offshore substation for the Saint-Brieuc bay offshore wind farm in Brittany, France.A joint venture, formed by Eiffage Métal and Engie Solutions…
Underwater technology company Blue Logic has won the Innovation Award 2020 from Norway's ONS, for the development of an open-standard subsea docking station for underwater vehicles.The award, given in the small and medium-sized enterprises category…
The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes…
Italian energy services group Saipem painted a gloomy outlook for the year after reporting a net loss of 616 million euros ($723 million) in the second quarter following writedowns.The company said the industry faced uncertain demand for oil and gas…
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