Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long-Term Agreement (LTA) now extends until the end of 2027. With the renewal of the LTA, Saipem is reconfirmed in the ...

Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...

Saipem has obtained ISO 55001:2024 certification, the international standard for asset lifecycle management, marking a significant milestone in its journey towards operational excellence and offshore ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Saipem has won offshore drilling contracts totalling $800 million in the Middle East and West Africa that involve multiple jack-up rigs and an ultra-deepwater drillship. The Italian company confirmed ...

Good morning. This is the conference operator. Welcome and thank you for joining the Saipem Full Year 2024 Results and Strategy Update Presentation. As a reminder, all participants are in listen-only ...

ROME, Dec 31 (Reuters) - Italian engineering group Saipem (SPMI.MI), opens new tab has won a $425 million contract to continue the development of Turkey's largest offshore natural gas field, it said ...

Saudi Aramco’s long term agreement (LTA) framework for its offshore projects is likely to remain robust in the future, according to LTA member Saipem’s chief executive, Alessandro Puliti. While the ...

EnerMech's responsibilities under the new contract involve flooding, cleaning and hydro-testing subsea risers and flowlines.