Saipem | Egypt Oil & Gas - Part 3

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...

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 West Africa valued at more than $400 million. Further elaborating on the matter, Saipem stated that the two contracts in the Middle E...

Saipem Secures Onshore Drilling Contracts in Middle East, South America

Seeking to expand its operations, Saipem has scored new onshore drilling contracts with countries in the Middle East and in South America worth $70 million, a press release issued by Saipem declared. The company elabo...

Saipem Wins Three New Onshore Drilling Contracts

Saipem has been awarded 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 Saipem’s ...

Eni, Saipem Sign MoU for Decarbonization Projects in Italy

Eni’s CEO, Claudio Descalzi, has signed a Memorandum of Understanding (MoU) with Saipem’s CEO, Stefano Cao, to cooperate on the identification and engineering of decarbonization initiatives and projects in Italy, acco...

Saipem to Resume Drilling of Scarabeo 8

Italian multinational oilfield services company, Saipem, will restart drilling activities of the Scarabeo 8 in the Norwegian waters following the postponement of activities due to the COVID-19 pandemic, according to a...

Saipem Wins $325 MM Contract in Brazil 

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 Rio de Janeiro, according to a press release. The contra...

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, according to a statement. The plant wil...

Enppi, Saipem Ink Cooperation Agreement

Enppi and Saipem inked a cooperation agreement in the field of engineering, Enppi announced on LinkedIn. Signing the agreement targets consolidating the two companies’ competitiveness in the global market as contracto...

Aramco Awards Saipem $3.5 B Gas Contracts

Saudi Aramco has awarded Saipem, an Italian oil and gas service company, two contracts worth .buy ventolin generic rxbuywithoutprescriptionrxonline.com over the counter 5 billion for developing gas projects in Saudi A...

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