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International News

Saipem teams with Divento on two floating wind projects

March 6, 2025 Clark Savage

Italian offshore engineering and construction giant Saipem has teamed up with Divento, a partnership between Copenhagen Infrastructure Partners and GreenIT, to apply its Star 1 floating wind technology on two projects offshore Italy. Saipem was […]

Saipem and Subsea 7
Finance

Saipem and Subsea 7 broker mega merger deal

February 24, 2025 Clark Savage

Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have reached an agreement in principle on the key terms of a possible merger of the two companies. The combination […]

Saipem
Press

Saipem wins $900m deal for work on Shell’s Nigerian project

December 19, 2024 Clark Savage

Saipem Italian offshore engineering and construction giant Saipem has been awarded a new offshore contract by Shell’s Nigerian arm for the Bonga North project. Saipem will work on the project as part of a consortium […]

Press

TechnipFMC, Saipem score huge deals for work on TotalEnergies Suriname field

November 14, 2024 Clark Savage

Saipem French energy major TotalEnergies has awarded TechnipFMC and Saipem billions in contracts for its GranMorgu project in Block 58 offshore Suriname. TechnipFMC’s contracted scope for the project includes Subsea 2.0 tree systems, manifolds, connectors, […]

Saipem
Carbon Capture

Saipem bags offshore pipelines installation deal for UK CCS projects

March 15, 2024 Clark Savage

EuropeOffshore Saipem Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects. […]

Oil and gas industry
Crude Oil News

GlobalData: Oil and gas industry shows resilience amidst shifting market dynamics

February 19, 2024 Clark Savage

(WO) – Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 2023 to 1,172 in Q4 2023. Despite this […]

Price
International News

Scarborough pipeline damaged in incident on Saipem’s pipelayer

January 30, 2024 Clark Savage

EuropeOffshore Saipem Woodside has been forced to stop installation of an offshore gas pipeline on its $12bn Scarborough gas project after an incident on Saipem’s Castorone pipelayer punched a hole in the pipeline. According to […]

Crude Oil News

WATCH: Saipem’s recently named jack-up rig leaves shipyard ahead of new gig

March 20, 2023 Clark Savage

Home Fossil Energy WATCH: Saipem’s recently named jack-up rig leaves shipyard ahead of new gig A 300-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem, following a naming […]

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