Saipem News

Offshore Wind: Heerema Set to Install Dogger Bank A Substation Topside

Apr 17, 2023

Heerema Marine Contractors' offshore installation vessel Thialf is set to install the offshore substation platform topside within the Dogger Bank A offshore wind farm construction area in the UK North Sea. The vessel has previously installed…

Saipem Charters 7th Gen. Deepwater Drillship "Deep Value Driller"

Feb 24, 2023

Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…

World's Deepest Offshore Wind Foundation Installed in Scotland

Apr 12, 2023

Italian energy services firm Saipem has installed what has been described as the world’s deepest offshore wind turbine foundation at Scotland’s largest offshore wind farm – Seagreen.Last Friday, Seaway 7 transported the jacket foundation on…

World's First Unmanned HVDC Offshore Substation Installed Off UK

Apr 20, 2023

Heerema Marine Contractors has installed what has been described as the world’s first unmanned High Voltage Direct Current (HVDC) offshore substation at the Dogger Bank Wind Farm project site in the UK North Sea.The substation is the first of three platforms…

Final Foundation Installed at World's Deepest Fixed-bottom Offshore Wind Farm

Apr 17, 2023

The final wind turbine foundation has been installed at the world's deepest fixed-bottom offshore wind farm - the Seagreen - offshore Scotland.Seaway 7, the main installation contractor at the offshore wind project owned by SSE Renewable and TotalEnergies…

Tethys Marine & Logistics Becomes 51% Shareholder of OSV Firm Bourbon Guyana

Apr 17, 2023

Bourbon Marine & Logistics has partnered with the Guyanese company Tethys Marine & Logistics, which becomes a 51% shareholder of the Bourbon Guyana Joint Venture. 'With 75% Guyanese Directors, Bourbon Guyana thus becomes the first indigenous Offshore Support Vessels operator…

Saipem Aims to Raise €750 Million from Asset Sales

Feb 28, 2023

Italian energy services group Saipem aims to raise about 750 million euros ($796 million) from the partial sale of assets in its drilling business, CEO Alessandro Puliti said on Tuesday, citing shallow water vessels in particular.Saipem, in…

Saipem to Restart Mozambique LNG Project for TotalEnergies in July

Mar 02, 2023

Saipem has agreed to restart a liquefied natural gas (LNG) project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said on Tuesday.The project, which would be the first onshore development of a LNG plant in the African country…

Deep Value Driller Contracts Scana's PSW Technology Following Saipem Deal

Feb 28, 2023

Scana's PSW Technology has won a contract with offshore drilling firm Deep Value Driller for deep-water BOP stack services. The deal comes just days after Deep Value Driller secured a contract with Saipem for its Deep Value Driller deepwater drillship…

Saipem Raises Expectations after Exceeding 2022 Targets

Feb 28, 2023

Italian energy services group Saipem on Monday raised its earnings expectations for 2023 and the next few years after beating 2022 targets as its restructuring plan started to bear fruit. The company reported adjusted core earnings of 595 million euros ($631 million) on sales of 9…

After Delay, BW Energy Expects Closing of Petrobras' Oil Field Acquisition in Q2 2023

Mar 17, 2023

Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…

Seaway7 and Saipem Partner in Pursuit of Offshore Wind Work

Feb 23, 2023

Subsea 7's renewables-focused offshore installation subsidiary Seaway7 on Thursday announced it has struck a deal with offshore services company Saipem to collaboratively pursue projects in the growing offshore wind industry.Under the commercial collaboration agreement…

Harland & Wolff Cuts Jobs at Methil after Offshore Wind Contract Termination

Feb 17, 2023

Harland & Wolff said on Friday that it would 'rationalize' the number of people working at its Methil facility in Scotland.This was in response to the contract termination settlement with Saipem over the building of jackets for the Neart na…

GEOS Wins UK, Norway Contracts for Energy Duchess Offshore Vessel

Mar 17, 2023

Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured bring to work (B2W) contract for its offshore vessel  Energy Duchess and a medium-term contract in direct continuation.The 83.4-meter vessel of Ulstein PX121…

Saipem Secures $900M in Offshore Contracts with TotalEnergies and Equinor

Jan 20, 2023

Italian offshore engineering and construction company Saipem said Friday it had won two offshore contracts worth $900 million in total.First, together with Aker Solutions, Saipem won a contract with the French oil major TotalEnergies in Brazil…

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