Italian services firm Saipem said it has started functional testing on its Hydrone-R underwater resident vehicle at Sonsub facilities in Venice.The advanced underwater intervention drone is being launched in water for a comprehensive qualification…
Operators continue to look for fast returns via subsea tiebacks while vendors look for technical solutions to help unlock more fields for less.A tide is starting to turn on the subsea industry, not least thanks to subsea tiebacks. It’s a theme that’s been underlying the last four years…
Italian energy major Eni has started installation works on the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction unit that will be moored offshore in Mozambique.According to a press note from ENI, the unit is part of the Coral South project…
Guyana, located on the northern mainland of South America and nestled between Venezuela and Suriname, has become one of the most exciting regions within the oil and gas industry over the last few years. ExxonMobil has invested heavily in the…
Some 922 workers on Norwegian offshore oil drilling rigs and floating production platforms could potentially go on strike on June 28 unless a pay deal is agreed, Norway's largest oil workers union Industri Energi said on Wednesday.The strike would hit oil companies' exploration efforts this summer…
One of the 14 people injured after an explosion on a pipe-laying vessel in the Caspian Sea operated by Italian oil service group Saipem has died, a Saipem spokeswoman said on Monday.The explosion took place on May 8.'Saipem deeply regrets to…
Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…
A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…
Roberto Di Silvestro discusses ongoing developments at Saipem's Sonsub, from subsea resident vehicles to evolutions in life of field services.
Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.Saipem, controlled by Italian state lender CDP and oil major Eni, is seeking…
An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship's operator, Italian engineering firm Saipem, said on Thursday.The ship, the Israfil Huseynov, was involved in maintenance work linked to the Shah Deniz II project…
The Oil and Gas industry reported 1242 contracts, of which 1178 were awarded contracts, said Quarterly Oil & Gas Industry Contracts Review.Europe, the Middle East and Africa (EMEA) region recorded the most contracts with 569 contracts, representing…
South Stream Transport, which is responsible for the construction and operation of the TurkStream Offshore Pipeline, and the Italian oil and gas industry contractor Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14…
Italian oil and gas industry contractor Saipem has won two new offshore drilling contracts in Norway and Middle East with a total value exceeding USD $200 million.One contract was signed with the German company Wintershall for the drilling of…
Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…
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