Saipem News

Saipem, Havfram in Offshore Wind Partnership

May 30, 2022

Italian energy services company Saipem, Norwegian subsea services firm Havfram, and HVAS Invest Kappa AS (a company controlled by HitecVision) have signed a non-binding agreement to evaluate a potential collaboration in the development and construction of offshore wind farms…

Saipem Eyes 2B Euro Capital Hike in Summer - CEO to Paper

May 10, 2022

Italian energy services group Saipem is working to bring forward a planned 2 billion euro ($2.12 billion) capital increase and carry it out in the summer, CEO Francesco Caio told Il Sole 24 Ore in an interview published on Tuesday.The capital…

Bourbon Extends Support for Construction at BP's GTA Hub

Jun 14, 2022

Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BP’s Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal, with the chartering of two vessels…

Eni's Giant Oil Find Offshore Ivory Coast Wins Discovery of the Year Award

Jun 22, 2022

Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…

'Lifting Incident' - Saipem's Giant Crane Vessel Tilts in Norway with 275 People Aboard

Apr 14, 2022

Saipem 7000 - File Photo - Credit:Saipem Saipem 7000, Saipem's giant semi-submersible crane vessel, tilted in a fjord in Norway with 275 people aboard, the Norwegian news website vg.no has reported.According to the website, which cited eyewitness accounts…

Saipem Clinches $400M in Offshore Drilling Contracts

Apr 05, 2022

Italian offshore services firm Saipem has won new offshore drilling contracts in the Middle East and Africa worth over $400 million in total.In the Middle East, Saipem has won contracts for two high-spec jack-up drilling rigs units. The contracts…

First Substation Installed at Neart na Gaoithe Offshore Wind Farm

Jun 08, 2022

The first of two offshore electricity substations was installed at the site of the project at Neart na Gaoithe (NnG) offshore wind farm, under construction 15km off the coast of Fife, Scotland.This milestone means NnG can be fully connected…

Shell Gives BW Offshore Limited Notice to Proceed for Gato do Mato FPSO

May 27, 2022

FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil…

Saipem Beats Expectations as Core Energy Business Gets Boost

Apr 21, 2022

Italy's Saipem beat expectations for first-quarter earnings as an upturn in global oil and gas spending lifted the energy contractor's core business, putting it on track for a better year.Adjusted core earnings in the period rose 65% to 145 million euros ($157 million)…

Italian Judge Clears Saipem, Two Former Managers of Misleading Investors

Apr 14, 2022

An Italian judge has cleared energy services group Saipem and two former managers from charges of misleading investors in a share sale more than six years ago, judicial sources and lawyers told Reuters on Tuesday.Milan prosecutors had asked the judge to put Saipem…

Saipem Shares Possible Cause of Crane Vessel Tilting Incident in Norway

Apr 14, 2022

Italian energy services company Saipem, whose Saipem 7000 crane vessel with 275 people aboard tilted in a fjord in Norway on Thursday morning, released a statement on Thursday evening, confirming the incident had occurred, and sharing preliminary info on the likely cause…

DNV and 25 Partners Launch JIP for Floating Offshore Wind Substations

May 31, 2022

Energy industry expert and assurance firm DNV has partnered up with 25 industry giants in a Joint Industry Project (JIP) aimed at enhancing technology development for floating offshore wind substations, with particular attention to how export…

Saipem Taps GE to Deliver 'Heart' of Petrobras' P-79 FPSO

Apr 27, 2022

Italian oilfield services giant Saipem has awarded GE Power Conversion a contract to develop the electrical module for Petrobras’ P-79 FPSO.In June 2021 Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co…

Norwegian Oil Drilling Labor Unions Seek Mediation as Wage Talks Falter

May 19, 2022

Wage talks involving around 8,000 oil drilling workers in Norway broke down on Thursday, labor unions said, raising the risk of strike action that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…

Saipem Nets $325M Offshore Drilling Deal with Aker BP

Mar 17, 2022

Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…

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