Saipem News

Saipem Upgrades UPS’ Pipeline Tech for Offshore and Subsea Use

Aug 06, 2024

Italian offshore energy services firm Saipem has secured DNV’s Statement of Qualified Technology for pipeline technology developed by United Pipeline Systems, which was upgraded for offshore and subsea use.The technology was initially developed…

Saipem, Curtiss-Wright Advance Tech Set to Extend Lifecyle of Subsea Fields

Jul 29, 2024

Saipem and Curtiss-Wright Corporation have reached a new milestone for the subsea applications industry, having completed the qualification process of an all-electric seabed barrier fluid-less pump.Developed based on proprietary solutions inherited from the nuclear sector…

Saipem Gets Subsea Intervention Services Job for GreenStream Pipeline

Jul 18, 2024

Saipem has secured a contract for the supervision and the subsea intervention services of the GreenStream pipeline, throughout the offshore and onshore sections at Libya and Italy terminals.The new contract, awarded by GreenStream, one of the leading midstream players in the Mediterranean Sea…

Saipem Secures $500M Offshore Job in Saudi Arabia

Jul 15, 2024

Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.Saipem’s scope of work under the first project involves the engineering…

Saipem Hooks BP’s Job in Caspain Sea Off Azerbaijan

Jul 12, 2024

Italian offshore energy services firm Saipem has signed a framework agreement with BP for the delivery subsea services at the Shah Deniz and Azeri-Chirag-Gunashli fields, offshore Azerbaijan.The contract with BP was signed by Saipem, in consortium with BOS Shelf and BOS Shelf International FZCO…

Saipem Sees Business Opportunities in Green Ammonia, Offshore Wind

Jul 25, 2024

Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia and offshore wind, its CEO said on Thursday.Speaking with journalists the day after releasing first-half results…

Saipem Reports 36% Rise in Second Quarter Core Profit

Jul 24, 2024

Italian energy contractor Saipem confirmed its 2024 guidance on Wednesday after reporting a 36% rise in adjusted core profit in the second quarter compared with the same period of last year.Adjusted earnings before interest, tax, depreciation…

Saipem Starts Work at French Offshore Wind Project

Jul 01, 2024

Italy's Saipem has started work at the Courseulles-sur-Mer offshore wind project in Normandy, the energy group's CEO Alessandro Puliti said on Monday, adding that the wind farm should be completed in 2025.Some big offshore wind projects around…

Eni Sells 10% of Saipem for $420M

Jun 12, 2024

Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds.The settlement of the transaction will take place on June 14, 2024, Eni sad.Following the placement…

Aker BP Makes Another Gas Discovery in Barents Sea

Jun 28, 2024

Norwegian oil and gas company Aker BP and its partners have discovered gas in a wildcat well, drilled in the Barents Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The well 7324/8-4 (Hassel) represents the second well drilled in the production license 1170…

Saudi Aramco Jackup Suspensions: The Story So Far…

Jun 25, 2024

Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years, seemed a daring feat. But fast forward to March 2024…

Saipem Adds Heavy-Lift Pipelay Vessel JSD6000 to Its Fleet

May 31, 2024

Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying…

Aker BP Finds Gas at Ferdinand Nord Prospect in Barents Sea

Jun 20, 2024

Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…

Saipem Secures $850M Contract from Eni-BP Joint Venture Offshore Angola

May 17, 2024

Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola.Saipem’s scope of work entails the engineering…

Saipem Scoops $3.7B for Work on TotalEnergies’ Kaminho Field

May 21, 2024

Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion.The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20…

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