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Saipem clinches subsea contract for Payara project

ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded a subsea contract to Saipem for the proposed Payara development project located in the Stabroek block offshore Guyana, at a water depth of around 2000 metres. Saipem said on...

Saipem secures over US$160M in new contracts

Saipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over 160 million USD. According to one contract, the company will drill a well in Romania’s Black Sea waters, expectedly in the fourth quarter of...

‘Guyana – a milestone in my career’ – Saipem Country Manager

Thuranthiran Nadarajah, the Country Manager for Sapiem Guyana has been working for 15 years with the Italian company, but he says that his work in Guyana over the past two years is a milestone in his career, simply because...

Italian oil contractor Saipem opens office in Guyana

On Tuesday, June 4, 2019, Italian oil and gas industry contractor Saipem celebrated the establishment of its first country office in Guyana. The office, located in Georgetown, will serve as the headquarters for their local operations. While the company has...

14 Saipem workers hurt in fire off Azerbaijan

Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....

OTC 2019: Saipem makes presentation to Guyana delegation

Saipem on Wednesday made a presentation to the Guyana delegation at the Offshore Technology Conference (OTC 2019) being held in Houston, Texas, focusing on its ongoing installation operations for the Liza Phase 1 Development Project. Giorgio Martelli, President and CEO...

100% Guyanese workforce preps Saipem shore base for first shipment of pipes offshore

The first shipment of pipes for the Liza field to be loaded directly from the Saipem shore base facility, sitting on the eastern bank of the Demerara River in Georgetown, took place over the weekend, marking a significant step...

Saipem snags 200 million USD in offshore contracts

Liza Phase 1 Development prime contractor, Saipem, has been awarded new contracts in Offshore Drilling in Norway and the Middle East totalling over 200 million USD. The company said on Friday that one contract was signed with the German company...

Saipem wins Spotlight on New Technology award for oil spill response

Italian-based oil and gas contractor Saipem has won the Spotlight on New Technology award by OTC - Offshore Technology Conference, one of the most important international oil & gas industry events. OTC will be held from May 6-9 and as...

Saipem secures US$220M in new contracts, extensions

Saipem has been awarded new contracts and extensions to existing agreements in onshore drilling worth approximately US$220M in total, the Italy-based company said on Wednesday. The new contracts involve projects to be carried out in Bolivia and Saudi Arabia, while...

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What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...