Saipem | Egypt Oil & Gas

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 ...

Saipem to Resume Drilling of Scarabeo 8

Italian multinational oilfield services company Saipem will restart drilling activities in Norwegian waters following the postponement of activities due to the COVID-19 pandemic.

Saipem Wins $325 MM Contract in Brazil 

Engineering, drilling, and construction company, Saipem, has been awarded a $325 million contract by Brazil’s state-run oil company, Petrobras, for the installation of a rigid riser-based subsea system offshore Ri ...

ETHYDCO, Petrojet, Saipem Ink a $150 MM Polybutadiene Plant Deal

The Egyptian Ethylene and Derivatives Company (ETHYDCO) awarded a consortium of Saipem and Petrojet, a contract for the first polybutadiene plant in Egypt valued at $150 million.

Enppi, Saipem Ink Cooperation Agreement

Enppi and Saipem inked a cooperation agreement in the field of engineering.

Aramco Awards Saipem $3.5 B Gas Contracts

Saudi Aramco and Italy’s oil contractor, Saipem, signed two contracts at $3.5 billion for natural gas, Reuters reported.

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