The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6405/7-4 in production license 1005, which is operated by Aker BP with 40% working interest, Vår Energi with 40% stake…
Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet…
Italian offshore energy services firm Saipem has entered into a new $620 million revolving credit facility with a pool of fourteen national and international financial institutions.The facility has a tenor of three years, extendable for a further…
Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP)…
Norwegian oil and gas company Aker BP has drilled a dry wildcat well in the Bounty Updip prospect in the Norwegian Sea.The wildcat well 6306/6-3 S was drilled in production license 886, which was part of the awards in predefined areas (APA) 2016…
Saipem SA and Saipem do Brasil have become fully operational with state-owned companies in the Brazilian market following the annulment of the prohibitory sanctions issued by the Federal Court of Brasilia.On December 20, 2024, the Federal District Court of Brasilia…
Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…
Saipem and TechnipFMC, under two separate contracts, have secured notices to proceed with the development of Northern Endurance Partnership (NEP) carbon capture and storage (CCS) projects in the U.K.Saipem secured final award for the two projects…
Offshore services firm Subsea7 has secured a ‘sizeable’ contract by Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea.The…
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…
The Norwegian Offshore Directorate has granted Aker BP two drilling permits for wildcat wells in the Norwegian Sea.The permits are for wellbore 6306/6-3 S in production license 886, and 6507/5-13 S in production license 212.Aker BP operates the license 886…
Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…
Saipem has secured an engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for the subsea development of the GranMorgu field, offshore Suriname.Saipem’s scope of work under the contract worth $1.9 billion entails the engineering…
Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia.The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block…
Brazil’s Federal court has annulled a two-year ban imposed on Saipem’s two business units on from contracting with the Brazilian public administration.The decision to prohibit Saipem’s two businesses was taken due to alleged irregularities in the award of a contract related to gas pipelines…
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