Saipem | Egypt Oil & Gas

Saipem Secures Two Offshore CRPOs with Aramco in Saudi Arabia

Saipem has won two new offshore contracts in the Saudi Arabia under its Long-Term Agreement with Aramco, in the form of Contract Release Purchase Orders (CRPOs), further reinforcing its footprint in the Saudi mark ...

Saipem Delivers €15.5 Bn Revenue, Sets 2026 Guidance

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 ...

Saipem Wins Additional Offshore Pipeline Contract in Saudi Arabia

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 ...

Italian Energy Players Eye Opportunities in the Egyptian Market

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 ...

Egypt, Saipem Review WDDM Phase 12 Gas Project and Fleet Modernization Plans

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 Awarded $3.1 Bn Share in QatarEnergy LNG Offshore Compression Project

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 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 ...

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