Italy's Saipem is to lead the industrialization and commercialization of Springs ('Subsea PRocess and INjection Gear for Seawater'), a subsea water treatment technology designed for deep water application, developed in collaboration with oil major Total and water treatment specialist Veolia…
Aker Solutions says it is on track to boost cost efficiency in all areas of the company by a 30% goal - or NOK9 billion (US$1.11 billion) annually - in a bid to meet current market conditions. A quarter of the targeted improvement is expected to be achieved this year…
Saipem and its consortium partners Bos Shelf and Star Gulf have been awarded call-off 007 under the Shah Deniz Stage 2 Master Agreement by BP, on behalf of the Shah Deniz partnership. The total value of the contract is approximately $1…
Norway’s Petroleum Safety Authority (PSA) has given Eni Norge consent to drill an exploration well in Block 7222 in the Barents Sea. Eni Norge is the operator for production license 226 in the Barents Sea. The well is to be drilled in a prospect named Aurelia…
Saipem has celebrated setting new milestones in the oil service industry with the installation of two gas export free standing hybrid risers (FSHR), 20in and 19in respectively, in the Pre-Salt area of Santos Basin about 300km from the Brazilian shoreline…
Saipem has signed a memorandum of understanding (MOU) with DESFA, the national natural gas system operator in Greece, for cooperation on onshore and offshore gas projects within the Balkans and Eastern Mediterranean regions. Saipem and…
NSL has won HSE (health, safety, and enviornment) and lifting operations contracts with Italy's Saipem. The two-year agreement will deliver HSE competency assurance and lifting intervention of onshore and offshore lifting operations to Saipem personnel…
The Trans Adriatic Pipeline joint venture has awarded Saipem an engineering, procurement, construction and installation (EPCI) contract for the offshore section of the Trans Adriatic Pipeline project. Image of the Castoro 10…
Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years…
Saipem has been awarded new engineering and construction contracts cumulatively valued at about €430 million. The work includes a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project…
Italian major Eni has found what could be the biggest gas deposit in the Mediterranean and the company is eager to develop it. Jerry Lee reports. Egypt Nile Delta. The Zohr discovery, in the Shorouk block…
Italian geotechnical firm GAS has been appointed to perform survey and positioning support activities for the Chirag oil project offshore Azerbaijan. The work scope covers the laying of 8.33km of the 18in water injection pipeline and…
The European Commission (EC) has authorized Italy’s Eni to sale 12.5% of its stake in its subsidiary Saipem to Fondo Strategico Italiano (FSI). Image from Saipem. According to the Italian giant…
Italian explorer Eni hopes to start production from the giant Zohr gas field offshore Egypt by the end of 2017, after being approved to take over the development lease from Egypt's national Natural Gas Holding Company (EGAS). Zohr, described as Egypt's largest gas field to date…
Jan De Nul Group will install two additional power cables for Saudi Aramco’s Marjan Field, offshore Saudi Arabia, in the Persian Gulf. For the Marjan gas oil separation plant project executed by McDermott, Jan De Nul Group will install two 115 kV cables…
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