Saipem News

Oil Firms Urge Brazil to Review Subsea7 - Saipem Merger

Sep 24, 2025

Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday…

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Sep 10, 2025

Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…

Boskalis’ Blue Marlin Transporting ‘Colossal’ FPU for Congo LNG Project

Sep 29, 2025

Dutch offshore services provider Boskalis has engaged its heavy transport vessel Blue Marlin to move a recently converted floating production unit (FPU) to Angola, ahead of its deployment at Congo’s first natural gas liquefaction project.The cargo…

Saipem Milestone in Guyana Yellowtail Project

Aug 18, 2025

Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., locatedin approximately 1,800m of water within the Stabroek Block offshore Guyana.Awarded the contract in 2022…

Petrobras Signs Up TechnipFMC for Subsea Production Systems Delivery

Sep 24, 2025

TechnipFMC has secured a significant contract, following a competitive tendering process, for subsea production systems by Petrobras.TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

Saipem Completes Conversion of Rig to FPU for Eni’s Congo LNG Project

Aug 27, 2025

Saipem has completed the conversion of the Scarabeo 5 semi-submersible drilling rig into a floating production unit (FPU), which will be deployed at Eni’s Congo liquefied natural gas (LNG) project.The conversion of the Scarabeo 5 into an FPU…

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Aug 13, 2025

Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…

Saipem’s Scarabeo 8 Drilling Rig to Stay on Duty for Aker BP

Jul 30, 2025

Aker BP has exercised the option for the extension period under the existing contract with Saipem for the semi‑submersible drilling rig Scarabeo 8.The option, which is direct continuation of the previous one-year contract extension, prolongs the contract until December 31…

INPEX Awards Saipem FEED Contract for Indonesian FPSO

Aug 12, 2025

Saipem has been awarded a FEED contract for the FPSO module of the Abadi LNG project, located in the Masela Block, Indonesia.The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase…

Saipem Expects $20B Mozambique LNG Project Restart by End of Summer

Jul 28, 2025

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies TTEF.PA will restart by the end of the summer, the CEO of the energy contractor said on Thursday.Covered by force majeure since 2021 following insurgent attacks…

Saipem, Subsea7 Sign Merger Agreement to Form Energy Services Giant

Jul 24, 2025

Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7, which will have a combined backlog of over $50 billion.The binding merger agreement follows…

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…

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