Italy’s engineering and construction group Saipem reported growing financial results in 2025, with full-year revenue rising 6.5% year-on-year (YoY) to €15.497 billion. Adjusted earnings before interest, taxes, dep ...
The Italian contractor, Saipem, has secured an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with the energy major, Saudi Aramco, the company said.
The award, structure ...
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Agostino Palese, the Italian Ambassador to Cairo, to discuss ways to enhance cooperation between the two countries in the oil and gas sector and ...
On the sidelines of Baker Hughes Annual Meeting 2026 held in Florence, the Minister of Petroleum and Mineral Resources Karim Badawi, met with Alessandro Puliti, CEO of Saipem, , a leading Italian company specializ ...
Saipem, the global engineering, in consortium with China’s Offshore Oil Engineering Co (COOEC), has been awarded a major offshore engineering, procurement, construction, and installation (EPCI) contract by QatarEn ...
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 ...
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, 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, 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 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 ...
