Saipem News

Saipem to Advance Shell's FlatFish Technology

Jan 09, 2019

Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell…

Saipem Wins EPIC Work from Saudi Aramco

Jan 18, 2019

Italian services company Saipem announced Friday it has been awarded two engineering, procurement, installation and construction EPIC contracts from Saudi Arabian national oil company Saudi Aramco as part of the long term agreement for offshore activities in Saudi Arabia…

Offshore Pipeline Market to Grow 6.5%

Feb 19, 2019

The offshore pipeline market is expected to grow from $11.5 billion in 2018 to $15.8 billion by 2023, at a CAGR of 6.54%, from 2018 to 2023.Increasing demand for safe, economical, and reliable connectivity expected to drive the overall offshore pipeline market…

Saipem Scores Additional Zohr Work

Dec 20, 2018

Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…

Saipem Nearing Deal for Russian LNG Work

Dec 18, 2018

Italian energy contractor Saipem plans to sign a deal this week with Novatek to build offshore platforms for the Russian firm's liquefied natural gas project, Arctic LNG 2, two sources close to talks told Reuters.Novatek aims to produce as much LNG as Qatar…

Vryhof Reports New Contracts

Jan 15, 2019

The Netherlands based offshore services provider Vryhof  announced on Tuesday its three businesses Deep Sea Mooring, Vryhof Anchors and Moorlink have been awarded up to $75 million in new contracts to start 2019.The contracts include deals for Vryhof Anchors for the WindFloat Atlantic wind farm…

Woodside Awards Scarborough FEED Contracts

Jan 16, 2019

Australian independent oil and gas company Woodside said Wednesday it has awarded four contracts for front-end engineering design (FEED) activities for the proposed US$11 billion Scarborough Project offshore Western Australia.Each contract was…

Notorious Virus Suspected in Saipem Cyber Hack

Dec 12, 2018

A hack on Italian oil services firm Saipem that crippled more than 300 of the company's computers used a variant of the notorious Shamoon virus, Saipem said, a development that links the case to a massive attack in 2012 on Saudi Aramco.'The cyber attack hit servers based in the Middle East…

Saipem Suffers Cyber Attack

Dec 10, 2018

Italian oil services company Saipem said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East.'We are collecting all the elements useful for assessing the impact on our infrastructures…

DP Upgrade for Saipem 7000

Nov 19, 2018

One of the world's largest semi-submersible crane and pipelaying vessels has arrived in the Netherlands for an extensive six-month upgrade.The Saipem 7000 is in Damen Verolme Rotterdam (DVR) for a dynamic positioning system overhaul to meet…

Africa's FPSO Market Destined for Growth

Dec 27, 2018

Despite the lingering volatility of global commodity prices, Africa's offshore oil and gas industry has continued to expand, albeit not as fast, opening up more market opportunities for floating production storage and offloading (FPSO) vessel manufacturers and suppliers…

BP Green-lights Greater Tortue Ahmeyim Project

Dec 21, 2018

BP and its partners announced on Friday that the green light has been given for the first phase of the Greater Tortue Ahmeyim project off the coast of Mauritania and Senegal.The cross-border development, a first for the two West African nations and Africa's deepest offshore project at 2…

Saipem Bags New Offshore E&C Deals Worth $400 Mln

Oct 16, 2018

Italian oil firm Saipem has signed new offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately $400 million.In Azerbaijan, Total has awarded a SURF contract to the consortium between Saipem’s subsidiary…

McDermott Gets Saipem as Partner for NextDecade

Oct 30, 2018

McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville, Texas.'Our joint bid with Saipem will feature optimized…

Decommissioning Offshore Saudi Arabia

Nov 14, 2018

Subsea and offshore solutions provider Unique Group, together with engineering, construction and equipment rental company Innovo, have completed a multimillion dollar decommissioning contract for Italian marine oil and gas contractor Saipem offshore Saudi Arabia…

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