Saipem wins deepwater pipe work in Guyana, Brazil
The company said it would carry out work with its FDS2, Constellation and Castorone vessels. It will carry out work from its Port of Georgetown base.
Saipem
Saipem benefits from move offshore, reduced wind work
Asset-based services makes up the majority of Saipem’s backlog, at 65%, or around 10bn euros this year.
Rosetti Marino wins Bouri module work from Saipem
The Italian company said it would begin work immediately and expected to complete this in early 2026.
Saipem completes work at Neart na Gaoithe wind farm
Saipem has completed foundation installation works at the Neart na Gaoithe (NnG) wind project off Fife.
Petrofac awarded multi-million pound North Sea decommissioning contract by Saipem
Italian oilfield services firm Saipem (BIT: SPM) has awarded Petrofac a new multi-million-pound deal to support the decommissioning of a platform in the UK sector of the North Sea.
Saipem head laments service crunch, wind investments
Saipem’s Puliti gave the example of the need for offshore wind installation vessels. He said there was a “clear need” for new vessels, “otherwise there is no way that demand in the next three to five years can be satisfied by supply. But no one has the courage to invest today”.
Saipem sees future with FlatFish
Looking at inspection alone, “the FlatFish case is compelling and it's credible. As long as the client is willing to count and sum up all the benefits, it makes perfect sense.”
Saipem wins Eni, Snam work worth $911mn
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
CIMC Raffles takes on Saipem conversion for Congo work
Saipem expects the offshore commissioning and start up of the FPU to take place in the fourth quarter of 2025.
Saipem books $700m work with BP, Eni Congo
Saipem has announced the award of two major contracts for offshore work in Congo and the Gulf of Mexico worth a combined $700 million.
Saipem bags $1bn contract for Libya’s Bouri field
Saipem has secured a major contract for engineering and commissioning work on a new gas module for Libya’s Bouri field.
Saipem continues turnaround with ‘new contracts and growth in margins’
Saipem is continuing its bounceback from the troubles of last year after the company unveiled its latest set of financials.
Saipem mulls switch to biofuels for 7000 construction vessel
Testing has shown "positive results" but more work is needed.
Uganda seeks new refinery backers
The ministry had expected a final investment decision (FID) on the $4.5 billion Hoima facility by the end of June. The aim was for the facility to be ready for first oil from the Lake Albert fields in late 2025.
Italian contractor Saipem wins $550m rig contracts
Saipem (BIT: SPM) has been awarded a pair of offshore drilling contracts worth a total of $550 million.
KCA Deutag lands $70m of North Sea drilling work
KCA Deutag has announced a suite of new contracts and extensions across the North Sea worth in excess of £55 million.
Saipem wins deal to remove and scrap EnQuest’s Thistle A platform
Italian contracting giant Saipem has been picked to assist in the decommissioning of an aged North Sea installation.
Saipem wins FEED, EPCI work on Sakarya pipe
Saipem’s Castorone vessel will carry out the offshore operations, starting in the summer of 2024. The company previously worked on the first phase of the Sakarya field, which began producing in April.
‘Milestone’ for Saipem as first Dogger Bank installation campaign wraps up
Italian contractor Saipem (MIL: SPM) has completed its first installation campaign for the mammoth Dogger Bank offshore wind farm.
Saipem lands near £525 million in global contracts
Saipem has announced three new offshore contracts and two Front End Engineering Design (FEED) contracts with a total value of £524.9 million ($650m).
Saipem, CTCI complete Nong Fab terminal
PTT signed an agreement with Electricity Generating Authority of Thailand (EGAT) in February 2022 on the new LNG terminal.
Saipem contracts Deep Value Driller to Cote d’Ivoire
Saipem’s contract did not, though, cover reactivation costs for the rig. As a result, Deep Value Driller entered into a loan facility for $75 million, which will mature in three years.
Offshore work drives recovery for Saipem after tumultuous 2022
Saipem reported diminishing losses in its full-year results, after a year marred by lossmaking wind contracts and the departure of its CEO.
Saipem and Seaway 7 in offshore wind team-up
Contractors Saipem (MI: SPI) and Seaway 7 (OSLO: SEAW7) have announced a team-up on offshore wind projects.
Saipem to explore using biofuels to power vessels
Italian contractor Saipem (MIL: SPM) has struck a memorandum of understand with its compatriot Eni (NYSE: ENI) in a bid to decarbonise its fleet.