Saipem and Siemens Energy team up to develop concept for floating electrical substation
Saipem (MIL: SPM) has joined forces with Siemens Energy to develop a “cutting-edge technology solution” for the offshore wind sector.
Saipem
Bharat hopes for Mozambique resumption, despite conflict
Work on Mozambique LNG may resume in the first half of 2023, a project partner has said, but the northern insurgency continues.
Saipem unveils new CEO after Caio resigns with immediate effect
Saipem (MIL: SPM) has announced the appointment of a new chief executive after incumbet Francesco Caio resigned with immediate effect.
Saipem wins $900mn EPC contract on Angola’s LNG extension
Saipem has won contracts under Angola’s New Gas Consortium (NGC), to develop new sources of feedstock for the Angola LNG (ALNG) plant.
Eiffage completes GTA LNG platform for BP
Eiffage Génie Civil Marine have completed the central platform of the hub for the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Saipem stock plunges, banks to step in as underwriters
Saipem (MI:SPM) shares have plunged around 70% from July 11 after the company acknowledged demand for additional shares was less than expected.
Saipem to continue fight in Algeria over LNG charges
Saipem will challenge an Algerian conviction connected to a liquefaction project, with the Italian company denying the allegations against it.
Offloading of first LNG starts at PTT-led Nong Fab terminal in Thailand
The PTT-operated Nong Fab liquefied natural gas (LNG) regasification terminal in Thailand has started offloading its first LNG from a carrier, contractor Saipem reported on June 24.
Saipem finds buyer for Brazil-based FPSO
BW Energy (Oslo: BWE) has signed a deal with Saipem (MI: SPM) to buy an FPSO which is currently working in Bazilian waters for Petrobras.
Saipem moves ahead on drilling ambitions for offshore wind farms
Saipem and compatriot Trevi are planning to develop drilling systems for offshore wind farms.
KCA Deutag to buy Saipem Onshore Drilling in ‘milestone’ $550m deal
Aberdeen-headquartered KCA Deutag has announced a $550m deal to acquire the onshore drilling business of Italian contractor Saipem.
Saipem 7000 to return to Scotland following crane incident
The Saipem 7000 vessel is to return to Scotland following a crane incident last month.
Saipem and Havfram explore offshore wind tie-up
Saipem and Havfram are exploring the potential to create an integrated offering for the development and construction of offshore wind farms.
BW Offshore FPSO recycling strategy criticised after death at Indian yard
BW Offshore’s strategy for recycling its end-of-life floating production storage and offloading (FPSOs) units has been criticised following a fatality at a ship breaking yard in India. BW is one of the largest operators of FPSOs for the oil and gas sector, but its decommissioned units are being dismantled in yards with questionable health, safety, and environmental credentials.
Saipem 7000 crane vessel could be on course for June return after lifting fault
No “significant structural damage” to the Saipem 7000 has been uncovered after the vessel endured a major lifting malfunction last week.
‘Too early to say’ impact of Saipem 7000 failure on Scotland’s largest wind farm
It is currently unclear whether the construction of Scotland's largest offshore wind farm will be hampered while the Saipem 7000 is assessed.
VIDEO: New footage shows Saipem 7000 lifting incident
New footage has emerged showing the moment a block wire broke during a test lifting operation onboard the Saipem 7000 on Thursday.
Update: Block wire breaks during tests on Saipem 7000
An incident during a lifting operation onboard crane vessel Saipem 7000 on Thursday morning left the ship listing in a channel north of Stavanger, Norway.
Saipem wins $150mn Coral Sul maintenance contract
Eni has awarded a maintenance contract on its Coral Sul floating LNG (FLNG) facility off Mozambique to Saipem.
Saipem wins offshore drilling contracts in Middle East and West Africa
Italian energy contractor Saipem (BIT: SPM) has won new offshore drilling contracts in the Middle East and West Africa worth over $400 million.
Amid painful lessons in offshore wind, Saipem signs up financing
Saipem has set out a plan to raise a financing package as the company revises down margins associated with eight projects.
Saipem clinches $325m drilling contract with Aker BP
Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway with its Scarabeo 8 unit.
EDF’s Neart na Goithe delayed to 2024
Delays at the 450 megawatt (MW) wind project off the Fife coast have pushed its completion date back to 2024, the developers said.
Saipem revises plans following wind-related profit warning
Oilfield services group Saipem (SPM.MI) has concluded a review of key projects and backlog following a surprise profit warning last month.
Saipem’s profit warning is spurred by huge losses at EDF wind farm off Scotland
Behind Saipem’s shock profit warning last week lurks a huge loss on a contract to supply wind-turbine foundations for an Electricite de France SA project off the east coast of Scotland.