Monday, May 21, 2012
trenching vessel Castoro 16

Saipem Wins $1.1 Billion in New Contracts, Including Ultra Shallow Water, Harsh Environment Contract in Russia

Saipem announced today they have been awarded $1.1 billion in new Engineering and Construction contracts offshore Russia and the North Sea. In Russia, Saipem signed a lump sum EPCI contract with...

May 21, 2012
Total Views: 48

Thursday, March 29, 2012
Saipem FDS2

Time to Lay Some Pipe! Saipem Wins $700 Million in Contracts off Brazil and Saudi Arabia

MILAN – Saipem announced today they had signed $700 million in new offshore engineering and construction contracts offshore Brazil and Saudi Arabia. In Brazil, Saipem will be going to work for...

March 29, 2012
Total Views: 24

Tuesday, March 27, 2012
scarabeo 7 saipem

Saipem Awarded $300 Million in Drilling Contracts

ROME -(Dow Jones)- Saipem SpA (SPM.MI) said Monday it has been awarded new offshore and onshore drilling contracts worth about $300 million. In offshore drilling, Eni SpA (E) extended a contract chartering the semisubmersible...

March 27, 2012
Total Views: 16

Monday, February 13, 2012

Market Update: Saipem Achieves Record Profits in 2011 [REPORT]

Saipem, the offshore energy contracting arm of Italian integrated energy company ENI, reported record profits in 2011.  Their adjusted net profit for 2011 reached a record level of €921 million,...

February 13, 2012
Total Views: 8