Saipem | Egypt Oil & Gas
Saipem Secures €900 Mn Gas Compression Plant Contract in Saudi Arabia
Italian energy services company Saipem has been awarded a new onshore contract for the Uthmaniyah Gas Compression Plant project in Saudi Arabia, with Saipem’s share of the contract valued at about €900 million, noted ... 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 market. ...
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, depreci...
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, structured as a Cont...
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 to f...
Egypt, Saipem Review WDDM Phase 12 Gas Project and Fleet Modernization Plans
On the sidelines of Baker Hughes Annual Meeting 2026 held in Florence, Italy, the Minister of Petroleum and Mineral Resources, Karim Badawi, met with Alessandro Puliti, CEO of Saipem, a leading Italian company special...
Saipem Awarded $3.1 Bn Share in QatarEnergy LNG Offshore Compression Project
Saipem, the global engineering company, and China’s Offshore Oil Engineering Co (COOEC), have secured a $4 billion offshore engineering, procurement, construction, and installation (EPCI) contract from QatarEnergy LNG...
Egypt Discovers Gas-Bearing Layer at Zohr-9 Boosting Output by 70 mmcf/d
Egypt has encounterd a gas-bearing layer at the Zohr-9 well in the Mediterranean Sea, with an estimated output of about 70 million cubic feet per day (mmcf/d), according to Karim Badawi, Minister of Petroleum and Mine... 
