The Kuwait Oil Company (KOC) awarded a contract worth approximately $850 million to Saipem to construct a pipeline system for the new El Zour refinery.
Belayim Petroleum Company (Petrobel) signed a $900-million contract with Saipem to execute the engineering, procurement, construction and installation (EPCI) activities for the Zohr field's optimized-ramp-up phase.
The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ...
Saipem establishes its Castoro Sei (Beaver Six) pipelayer platform at Limassol Port in Cyprus for Zohr Field to function for the operation in the next six months.
Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, sta ...
Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, has surveyed Saipem 1000 maritime saw rig that drills into wells of Zohr field at a drilling distance of 4,100 meters, 200 km away from the coast of P ...
Italy's Saipem has bagged an order to lay the subsea Trans Adriatic Pipeline (TAP) that will bring Azeri gas into Italy, the oil contractor said. The company said work on the 105-kilometer section running from Albani ...
Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings target reduction.