Saipem is a large, international and one of the best balanced turnkey contractors in the oil & gas industry.
Saipem has a strong bias towards oil and gas related activities in remote areas and deepwater and is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and the execution of large-scale offshore and onshore projects, and technological competencies such as gas monetization and heavy oil exploitation.
Saipem operates in the Engineering & Construction and Drilling businesses.
The Company enjoys a superior competitive position for the provision of EPC/EPCI services to the oil industry both onshore and offshore; with a particular focus on the toughest and most technologically challenging projects - activities in remote areas, deepwater, gas, ?difficult? oil.
Its drilling services continue to be distinctive, operating in many of the oil and gas industry?s ?hotspots?, frequently in synergy with its onshore and offshore activities.
Saipem is a global contractor, with strong local presence in strategic and emerging areas such as West Africa, North Africa, FSU, Central Asia, Middle East, and South East Asia.
Saipem is a truly international company.
Along with its strong European content, the major part of its human resource base comes from developing Countries.
Saipem employs over 48,000 people comprising more than 127 nationalities.
In addition to the strong local content of its people, it employs large numbers of people from the most cost-effective developing countries on its vessels and sites, and has sizeable service bases in India, Croatia, Romania and Indonesia.
Its clients and people - in particular their health and safety - are the primary focus of all Saipem activity.
Saipem has a distinctive Health & Safety Environment Management System and its Quality Management System has been granted ISO 9001:2000 certification by Lloyd's Register Certification.
Italian oil services group Saipem cut its full-year guidance range for the year on Tuesday after posting a second-quarter net profit that beat market consensus. Saipem, which is 43 percent owned by oil major Eni, said in a statement it expected…
The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas, sources said. Former ENI CEO Paolo Scaroni had…
On Monday, July 28, the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea. Produced by Samsung Heavy Industries this is the first Statoil topsides built in South Korea. The structure sailed from the yard on June 15 this year…
Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the substantial risk it creates to the…
Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately $850 million of which $540 million are related to offshore activity and refer to four different units of Saipem’s fleet. Saipem has signed with Eni Muara Bakau B.V.