Saipem News

One Dead After Saipem Vessel Blast

May 13, 2019

One of the 14 people injured after an explosion on a pipe-laying vessel in the Caspian Sea operated by Italian oil service group Saipem has died, a Saipem spokeswoman said on Monday.The explosion took place on May 8.'Saipem deeply regrets to…

Saipem Scores Drilling Work

May 20, 2019

Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…

EPC Contract Awarded for Mozambique LNG

Jun 05, 2019

A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…

Underwater Services Evolve

May 28, 2019

Roberto Di Silvestro discusses ongoing developments at Saipem's Sonsub, from subsea resident vehicles to evolutions in life of field services.

Saipem Seeks Drilling Partners

Apr 18, 2019

Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.Saipem, controlled by Italian state lender CDP and oil major Eni, is seeking…

Pipelayer Blast Injures 14

May 09, 2019

An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship's operator, Italian engineering firm Saipem, said on Thursday.The ship, the Israfil Huseynov, was involved in maintenance work linked to the Shah Deniz II project…

Saipem Settles South Stream Dispute

Apr 23, 2019

South Stream Transport, which is responsible for the construction and operation of the TurkStream Offshore Pipeline, and the Italian oil and gas industry contractor Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14…

Saipem Wins Offshore Gig in Norway, ME

Apr 08, 2019

Italian oil and gas industry contractor Saipem has won two new offshore drilling contracts in Norway and Middle East with a total value exceeding USD $200 million.One contract was signed with the German company Wintershall for the drilling of…

Saipem Push with US Drillers Draws a Blank

Mar 15, 2019

Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.Saipem…

Subsea Tiebacks Go the Distance

Mar 29, 2019

While the blue economy and renewables loomed large on today’s agenda at the Offshore Mediterranean Conference (OMC) in Ravenna, Italy, moves toward extending exploration into underexplored Greece, as well as technologies to enable more fields to be produced as subsea tiebacks…

Saipem Expects Higher Sales This Year

Feb 28, 2019

Italian oil services group Saipem said on Thursday it expected higher sales this year after beating 2018 forecasts and said it was looking for market opportunities.The group, jointly controlled by oil major Eni and state lender Cassa Depositi e Prestiti…

Saipem to Advance Shell's FlatFish Technology

Jan 09, 2019

Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell…

Saipem Wins EPIC Work from Saudi Aramco

Jan 18, 2019

Italian services company Saipem announced Friday it has been awarded two engineering, procurement, installation and construction EPIC contracts from Saudi Arabian national oil company Saudi Aramco as part of the long term agreement for offshore activities in Saudi Arabia…

Saipem Scores Additional Zohr Work

Dec 20, 2018

Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…

Vryhof Reports New Contracts

Jan 15, 2019

The Netherlands based offshore services provider Vryhof  announced on Tuesday its three businesses Deep Sea Mooring, Vryhof Anchors and Moorlink have been awarded up to $75 million in new contracts to start 2019.The contracts include deals for Vryhof Anchors for the WindFloat Atlantic wind farm…

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