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US$800 million in Middle East, Africa contracts awarded to Saipem

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Saipem said it has been awarded new offshore drilling contracts; three in the Middle East and two in West Africa. It is now able to focus exclusively on offshore work, after closing the sale of its onshore business to KCA Deutag...
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Saipem closes sale of onshore business to KCA Deutag

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Saipem said it closed the sale of its onshore drilling business on Friday to KCA Deutag. The agreement was announced in June. Specifically, Saipem’s activities in Saudi Arabia, Congo, United Arab Emirates and Morocco have been transferred. The agreement provides for...
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Saipem awarded largest single offshore contract in its history

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Encompassing two offshore gas compression complexes in Qatar, Italian oilfield services company Saipem said on Wednesday it has been awarded the largest single offshore contract by total value in its history. The agreement was made with Qatargas for the North...
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Saipem bags contract for largest discovery in 20 years off Ivory Coast

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Saipem said Tuesday that it got approximately €1 billion added to its order book to aid the Baleine Phase 1 Project, a development of an oil and gas field located at 1,200 metres water depth, off the Ivory Coast. Saipem said...
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Alessandro Puliti appointed new Saipem CEO

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With the sudden resignation of its Chief Executive Officer (CEO) Francesco Caio, Saipem has promoted energy industry veteran Alessandro Puliti to serve in the post. The Italian oilfield services company announced on Wednesday that Puliti will still serve in his...
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Saipem adds ‘FlatFish’ underwater drone to boost monitoring, automatic inspections

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Saipem and Oil Spill Response Ltd. announced Monday that they have extended an existing partnership to include utilisation of Saipem’s FlatFish underwater drone robotic technology. The drone will be used for environmental monitoring and inspection of asset integrity. The existing contract between Saipem...
News

Saipem awarded US$900M in contracts for Angola’s first non-associated gas project

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Italian oil services company, Saipem was awarded three contracts totaling US$900 million for works on the Quiluma and Maboqueiro gas fields development project off the northwest coast of Angola. The contracts were awarded by the New Gas Consortium comprised of...
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Saipem snags €300M contract to install new offshore gas pipeline in Europe

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A €300 million contract has been awarded to Saipem for work on an offshore gas pipeline in Sicily, Italy. Saipem’s new deal came from Enimed, a subsidiary of Eni – one of the seven supermajors. The Italian engineering and services...
News

Saipem awarded US$1.2B in Middle East contracts

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Saipem says it was awarded several contracts for operations in the Middle East, totaling some US$1.25 billion. It did not name the clients. The first group of contracts concerns extending onshore drilling contracts in the Middle East. They are worth...
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Norway-based E&P acquires Saipem’s US$73M FPSO to develop assets offshore Brazil

OilNOW -
Shortly after snatching up two major deepwater blocks offshore Brazil, Norway-based BW Energy inked a deal with Saipem to acquire the Cidade de Vitoria oil vessel to develop the Golfinho cluster. According to BW, the deal amounts to US$73 million;...
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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...

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