Saipem News

Saipem CEO: "2021 is certainly not a back to normal year"

Feb 25, 2021

Italian energy services group Saipem said it was unable to provide guidance for the year due to the ongoing health pandemic after it missed earnings expectations, sending its shares down around 9%.'2021 is certainly not a back to normal year…

Saipem, Partners to Build Huge Offshore Clean Energy Hub in Italy

Feb 18, 2021

Italy's Saipem and renewable energy companies AGNES and Qint’x have applied for permits to develop one of the world's biggest offshore clean energy hubs, to generate wind and solar power and produce green hydrogen, Saipem said on Thursday.The…

Saipem Bags $1.7B Deal to Build Offshore Facilities for Qatar's North Field

Feb 22, 2021

Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1…

Saipem to Build Foundations for French Offshore Wind Farm in Deal worth $556M

Feb 01, 2021

Italian engineering and construction services firm Saipem has won a contract worth 460 million euros (around $556 million) to build and install foundations at a wind farm offshore France.The contract, awarded by Eoliennes Offshore du Calvados…

Alfa Laval's Pumping Systems to Support Seagreen Wind Farm Installation

Mar 02, 2021

Alfa Laval has won a deal to supply Framo pumping systems for the foundations at Seagreen offshore wind farm, Scotland's largest offshore wind farm project.'It is the second order for pumping systems in this application and marks an important…

Italy's Eni, Saipem in Joint Decarbonization Effort

Dec 09, 2020

Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…

Saipem Gets Go-Ahead for Payara Subsea Works

Nov 09, 2020

Italian oilfield services firm Saipem has recently received approval from ExxonMobil to proceed with the final phase of its work scope at the Payara development project offshore GuyanaSaipem in November last year won a provisional contract for Payara with the scope including Subsea Structures…

Solstad Finds Work for Normand Maximus CSV in Latin America

Dec 04, 2020

Norwegian offshore vessel operator Solstad Offshore has won a charter deal for the construction support vessel Normand Maximus.Solstad, which recently saw the long-term contract for the vessel terminated by Saipem four years earlier than planned…

Saipem Wins FEED Work for Ichthys LNG Project

Nov 25, 2020

Italian oilfield services firm Saipem confirms it has secured a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the INPEX-operated Ichthys LNG energy development offshore Australia…

Saipem Expects 'Brighter' Year End After Q3 Loss

Oct 28, 2020

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…

Vår Energi Gets OK to Drill Production Wells at Goliat Field

Nov 23, 2020

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…

Saipem Joins Italian Offshore Wind Farm Project

Aug 25, 2020

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…

Snam, Saipem to Jointly Pursue Energy Transition Tech

Sep 10, 2020

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…

Shawcor's Coatings for Payara

Oct 02, 2020

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…

Charter Party Ends Four Years Early for Solstad Offshore Vessel

Sep 18, 2020

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…

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