Saipem has signed a memorandum of understanding (MoU) with Saudi Aramco, paving the way for a new national champion.
Global offshore and subsea capital expenditure (capex) recently hit its highest quarterly level for two years, according to an industry database.
A new technological solution that combines offshore green hydrogen production and oil and gas facilities has been developed.
Saipem has won a $510 million contract from Adnoc for work to expand the existing Shah gas plant.
Aberdeen’s Texo Group has bagged a multi-million pound fabrication contract for work on a Scottish offshore wind farm.
Saipem has appointed Francesco Caio as its new chief executive officer (CEO) and general manager.
InfraStrata is hoping to raise more than £13 million having recently secured a major fabrication contract for a Scottish offshore wind farm.
Saipem has issued a warning over its 4 billion euro ($4.8bn) contract for work on Mozambique LNG, following Total’s declaration of force majeure.
Developers behind a major Scottish offshore wind farm say they are still hopeful it will be completed on schedule, despite encountering difficulties.
InfraStrata has landed a major contract with Saipem for work on the Neart na Gaoithe (NnG) Offshore Wind Farm in the outer Firth of Forth.
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Saipem has established a joint company with Hyperion Systems Engineering, with a focus on the Eastern Mediterranean.
Total intends to resume work at the Mozambique LNG site after the government has provided assurances of improved security.
Qatargas has awarded a letter of award for pipelines under the North Field Production Sustainability (NFPS) project to Saipem.
Oilfield services company Saipem is exploring opportunities in the carbon capture and storage (CCS) space with a new collaboration agreement.
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Renergen has signed up Saipem, EPCM Holdings and Sproule for the second phase of the Virginia gas project, in South Africa’s Free State.
The Area 4 partners in Mozambique have resumed drilling on the Coral Sul project, according to regulator Instituto Nacional de Petróleo (INP).
The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage.
Just a few days ago Rystad Energy said the world was fast running out of heavy lift vessels capable of handling the accelerating boom in offshore windfarm investment and construction.
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
The UK and Scottish governments have no legal route to provide further financial support to Burntisland Fabrications (BiFab), according to a joint statement from both sides.
A Scottish manufacturing firm has snapped up a multi-million pound contract to support construction work for a major North Sea wind farm.
Saudi Aramco has announced the award of long-term agreements (LTAs) with eight companies, focused on brownfield and plant upgrades.
The Economy Secretary is being urged to be transparent over the decision making process which led to the Scottish Government withdrawing its support for Burntisland Fabrications (BiFab).