Saipem | Egypt Oil & Gas

Saipem Secures $1.9B Engineering Contract for GranMorgu Subsea Development Project in Suriname

 Saipem has been awarded an Engineering, Procurement, Construction, and Installation (EPCI) contract by TotalEnergies’ Subsidiary in Suriname for subsea development of the GranMorgu project, located in Block 58 oi ...

Saipem Signs MoU with Geolog, Ignis H2 Energy for Developing Geothermal Projects

Saipem signed a MoU with Geolog and Ignis H2 Energy to advanced technological solutions and conduct feasibilities studies for new geothermal plants in order to obtain clean and renewable energy, in Italy and on a ...

Saipem Unveils 100 MW Green Hydrogen Solution, Utilizing Nel’s Technology

Saipem has announced in cooperation with Nel ASA a scalable and modular 100 MW green hydrogen solution aimed to advance decarbonization of hard-to-abate industries and renewable hydrogen production.

Saipem Secures Two Offshore Contracts Costs $1B in Saudi Arabia

Saipem has announced that it has been awarded two offshore contracts including Saudi Arabia under its existing long-term agreement with Saudi Aramco with investments estimated approximately at $1 billion.

Eni Sells 10% of Saipem at 1.970 Euros Per Share

Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million).

Saipem Sells Its Onshore Drilling Business to KCA Deutag

It has been announced that Saipem has entered a binding agreement with KCA Deutag ("KCAD") to sell its entire Drilling Onshore operations in exchange for $550 million in cash plus a 10% stake in KCAD after it acqu ...

Saipem Secures Over $400M in Drilling Contracts in the Middle East, West Africa

Saipem announced that it has won offshore drilling contracts in the Middle East and in West Africa valued at more than $400 million.

Saipem Secures Onshore Drilling Contracts in Middle East, South America

Saipem has been awarded new onshore drilling contracts in the Middle East and in South America worth $70 million,

Saipem Wins Three New Onshore Drilling Contracts

Saipem has been awarded the extension of two significant onshore drilling contracts in Saudi Arabia for a period of five and ten years, respectively, as well as a new four-year contract in Colombia, according to S ...

Eni, Saipem Sign MoU for Decarbonization Projects in Italy

Eni’s Company CEO, Claudio Descalzi, has signed a Memorandum of Understanding (MoU) with Saipem’s Company CEO, Stefano Cao, to cooperate on the identification and engineering of decarbonization initiatives and pro ...

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