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How Saipem creates value while supporting SDG8

Many companies talk about their plans to support the UN’s Sustainable Development Goal 8 (SDG8), meant to promote sustained, inclusive and sustainable economic growth,...

Saipem slips deeper into the red

Losses widen but increase in new contracts gives brighter outlook (Upstream) Italian contractor Saipem increased its losses during the first half of 2018 as revenues...

Liza SURF contractor Saipem posts loss of $2.4M in Q1 2018

ExxonMobil Guyana Tier 1 contractor Saipem has narrowed its losses to $2.4m for the first quarter of 2018. The Italian oil and gas company's Q1 2018 loss marks...

Saipem secures contracts in Offshore Drilling and Offshore E&C

ExxonMobil Guyana Tier 1 contractor Saipem has been awarded new contracts in Offshore Drilling involving the sixth-generation semi-submersible rig Scarabeo 8, suitable for harsh...

Saipem contracts Guyanese company for shorebase services

Saipem America Incorporated has indicated that it will be contracting a Guyanese company to provide shore-base services for its operations in the Liza Field in...

Saipem in hunt for manpower agency, medical services provider in Guyana

SURF contractor for the Liza Phase 1 development offshore Guyana - Saipem - is in search of a manpower agency and medical services provider...

Algeria’s Sonatrach, Italy’s Saipem agree to end disputes

Algeria’s state energy firm Sonatrach and Italian oil firm Saipem signed an agreement on Wednesday to end their legal disputes, company executives said. “It’s a...

Standoff in high seas as Cyprus says Turkey blocks Saipem 12000...

(Reuters) - Cyprus on Sunday accused the Turkish military of obstructing a ship contracted by Italian oil company Eni from approaching an area to...

Liza SURF contractor Saipem loses arbitration in Algerian LNG plant dispute

The ICC International Court of Arbitration, following an arbitral tribunal, has ruled against The ICC International Court of Arbitration, following an arbitral tribunal, has ruled...

Saipem awarded US$400M ECP contract by Saudi Aramco

Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long...