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Saipem secures lucrative offshore contracts in the Black Sea and North Sea worth US$850M

Italian multinational company Saipem has been awarded two significant offshore contracts with a combined value of approximately US$850 million.  The contracts encompass an Engineering, Procurement, Construction, and Installation (EPCI) project in the Black Sea and decommissioning activities in the North...

Saipem Constellation, FDS2 vessels to commence final phase of Uaru field development

With the Uaru development plan (FDP) finalised, oilfield giant Saipem has been given the green light by ExxonMobil Guyana to commence the final phase of the subsea work for the Stabroek Block project.  Saipem said the awarded scope of work...

Eni contracts Saipem’s Santorini drillship for two more years at US$280 million

Saipem said it has been awarded a two-year contract extension by Eni S.p.A. for the use of the Santorini drillship in the Gulf of Mexico. The contract extension, which will give continuity to ongoing activity, will come into force...

Saipem’s recent contract awards total US$650 million

Saipem said that it was recently awarded new offshore engineering, procurement construction and installation contracts and competitive front end engineering design (FEED) contracts, totaling US$650 million.  One award is from Azule Energy for the Agogo Full Field Development project, a...

Saipem seeking apartments for personnel in Guyana

Saipem is in search of accommodation services in Guyana, on the West Bank of Demerara. The company is looking to place its personnel in apartments. The apartments should be in the vicinity of the Vreed-en-hoop Shore Base (VEHSI) currently under...

Saipem rig to spud Aker BP’s North Sea prospect

Norwegian oil and gas player Aker BP got the greenlight from Norway’s offshore safety regulator for exploration drilling in the North Sea, to be carried out using one of Saipem’s semi-submersible rigs. The Petroleum Safety Authority Norway (PSA) said on...

Saipem gets US$900 million contract for work offshore Norway, Brazil

Saipem said it has been awarded two offshore contracts for a total amount of approximately US$900 million. The first contract was awarded by TotalEnergies for work offshore Brazil on the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field...

Saipem seeking local welders for Guyana operations

Italian contractor Saipem is looking for local welders to assist with its operations offshore Guyana. According to a notice posted by Country Manager, Gianluigi Della Rosa to LinkedIn, the selected welders must be able to operate an electrode holder, welding...

Saipem seeking local contractor for dredge works at Guyana facility

Italian offshore contractor, Saipem, is looking for a local company to carry out dredge maintenance work on the quay wall of its Guyana facility located on the East Bank of Demerara. In an Expression of Interest (EOI), Saipem outlined that...

Saipem buying US$230M advanced drill ship to capitalise on high offshore demand

Saipem said Monday that it has strengthened its offshore drilling fleet with the new Santorini drillship. The company exercised a purchase option with Samsung Heavy Industries for the vessel with US$230 million available cash to be paid by the...

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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...