Thursday, October 6, 2022

Saipem pledges support for Women Empowerment Principles

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Italian multinational oilfield services company Saipem has signed the declaration of support for the Women Empowerment Principles (WEP) and the Manifesto for female employment of the Valore D association.

The company, a prime contractor for ExxonMobil’s Stabroek block developments in Guyana, said it is actively engaged in the promotion of an inclusive culture and the development of professional skills.

The Women Empowerment Principles, established by UN Global Compact and UN Women, represent the guiding principles for businesses to promote gender equality and the empowerment of women in the workplace, on the market and in the community. The Manifesto for Women’s Employment is the nine-point programmatic document that summarizes the principles, concrete actions and indicators useful for seeking gender equality and enhancing the role of women in companies.

“The signing of the Women Empowerment Principles and the Manifesto fof Valore D confirms Saipem’s continuous commitment to reducing gender gap in particular, and diversity in general,” said Stefano Cao, CEO of Saipem. “Saipem, a multicultural company whose employees belong to over 120 different nationalities, has always paid great attention to cultural and religious values, labor rights, human rights, with special consideration to those relating to privacy and respect for all kinds of diversity, promoting inclusion.”

The CEO said Saipem values ​​its people, who are the key to its success and a cornerstone of its identity, and carefully promotes an adequate balance between work and private life.

Since starting operations in Guyana in May 2018, the company has established a country office with over 80 percent of its workforce now being Guyanese.

Saipem building construction yard with ‘largest heavy lift crane’ in Guyana, local team executing work

Saipem has been awarded contracts by ExxonMobil for the Engineering, Procuring, Construction and Installation of Subsea Umbilicals Risers Flowlines for the company’s offshore developments at the Stabroek Block.


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