Saipem bags $1.3bn Middle East contract
Italian contractor Saipem has been awarded a pipeline project in the Middle East worth about $1.3 billion.
Italian contractor Saipem has been awarded a pipeline project in the Middle East worth about $1.3 billion.
“You can see that we’re serious about this, can’t you?” said Vince McCarthy, Saipem’s chief operating officer, as we ate lunch aboard the company’s semi-submersible crane vessel moored in Cartagena, Spain.
Saipem has entered into an agreement to acquire the Ultra Deepwater Rigid and Flexible Pipelay, 3000 ton Heavy Lift and Construction Vessel Lewek Constellation.
Italian engineering firm Saipem is "in discussion" with the developers of wind farms off Angus and Fife as it looks to secure more work in renewables.
Italian firm Saipem has confirmed that it will transport and install four transformer platforms for the Hornsea Project One wind farm development starting next month.
Bosses at Saipem said yesterday that the Italian energy construction firm had more offshore renewable power projects in its sights in the UK North Sea.
The Saipem 12000 drillship is on its way to drill the RD-1 well in Morocco.
A group of protesters took to the streets of Aberdeen yesterday to challenge low pay and job losses imposed on UK seafarers and offshore workers.
Global drilling firm Saipem has announced a £530million contract win for the development of the Duqm Refinery located in the north east of Oman
Kvaerner has announced an agreement with Allseas for the recycling of the topside and bridge of the Valhall QP platform.
Italian oil service company Saipem said today that it had been ordered to pay Algerian firm Sonatrach $135million in compensation in connection with a construction project.
Italian oil industry contractor Saipem has clinched deals worth £300million ($400million) in Saudi Arabia and West Africa.
Italian firm Saipem has clinched a series of contracts worth £285million.
Italian energy firm Eni has hired Saipem for offshore drilling in Mozambique using drillship Saipem 12000.
Investigators have flagged up a number of regulatory breaches that caused a fire to break out on a rig in the Norwegian Sea last year.
Oil and gas employment agency Advance Global Recruitment (AGR) has been awarded a three year contract with Italian contractor Saipem to provide staff.
The decommissioning of BP's Miller platform is bringing millions of pounds into the UK economy, according to the firm charged with tackling the massive project.
Saipem has said it will cut 800 more jobs across Europe in the next four years as it looks to make cost savings.
Saipem has landed a flurry of contract work, totaling Eur1.5billion.
Saipem has been awarded a contract to design and build the offshore section of the Trans Atlantic Pipeline (TAP).
Saipem SpA is nearing a plan to sell new shares worth as much as 3.5 billion euros ($3.8 billion) as the Italian oil-services company seeks to shore up its balance sheet amid a slump in crude prices, according to people familiar with the matter. The shares dropped.
Italy’s Eni has confirmed the European Commission has cleared its plans to sell a 12.5% stake in fellow Italian firm Saipem. The Commission has published its authorisation for the transaction following the positive outcome of the anti-trust procedure.
Aker Solutions has teamed up with Saipem to cooperate on targeted susbea oil and gas development projects worldwide. The company will make the move through a joint work group which will identify opportunities where they can create value for customers by combining Aker's capabilities in subsea products and technologies with Saipem's assets and expertise in engineering, procurement and construction.
Statoil has awarded contracts worth NOK2.5billion to cover the oil and gas export pipelines for the John Sverdrup project in the North Sea leaving it on course to deliver first oil in 2019.
Saipem has been awarded new offshore contracts cumulatively valued at more than 600million euros.