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. Furthermore, reve...
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 bp’s ...
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 conditions th...
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 execu...
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. The project comprises Ubadari field develo...
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 oil an...
Saipem has signed a Memorandum of Understanding (MoU) with companies specialized into the geothermal sector, Geolog and Ignis H2 Energy to explore innovative solutions for the development of geothermal projects in Ita...
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. The renewable hydr...
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. According to...
Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million). The sale was launched late on T...