Saipem | Egypt Oil & Gas

Egypt Discovers Gas-Bearing Layer at Zohr-9 Boosting Output by 70 mmcf/d

Egypt has encountered a gas-bearing layer at the Zohr-9 well in the Mediterranean Sea, with an output of about 70 million cubic feet per day (mmcf/d), according to Karim Badawi, Minister of Petroleum and Mineral R ...

Saipem’s Revenues Up 1.6% during Q3, 8.4% in First Nine Months of 2025

The financial results of Saipem, the global leader engineering and construction company, showed an increase in revenues by 1.6% in Q3 2025, reaching €3.8 billion compared to €3.71 billion in Q3 2024

Saipem, Partners Secure $700 Mn Contract for bp’s Shah Deniz Project in Azerbaijan

Saipem, in a consortium with two companies affiliated with the State Oil Company of the Azerbaijan Republic (SOCAR), has been awarded three offshore contracts worth a total of approximately $700 million (Mn) for b ...

Saipem, Subsea 7 Sign Merger Agreement

Saipem, an Italian multinational oilfield services company, along with with Subsea 7, a Luxembourgish subsea engineering and construction company, signed a binding merger agreement based on the terms and condition ...

Saipem Wins Contract by Eni for CCS Project in UK worth EUR 520M

Saipem stated that it has been awarded a contract by Eni for the Liverpool Bay Carbon Capture and Storage (CCS) project in the UK. The value of the contract is estimated at approximately Є520 million and will be e ...

Saipem Secures Major Offshore Services Contract in Indonesia

Saipem has secured an offshore EPCI contract along with its consortium partner PT Meindo Elang Indah, for BP’s Tangguh UCC Project located in Papua Barat Province, Indonesia.

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.

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