Heerema Marine Contractors was an early mover in North Sea oil and gas, and now looks more to wind and decommissioning ...

The project involves increasing the capacity of the plant near Venice from the current 400,000 to 600,000 tons per year and ...

At least four leading international contractors or consortia are vying for a multibillion-dollar contract from QatarEnergy ...

Milan, Luxembourg, 23 February 2025-Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the “Proposed ...

Arab Finance: The offshore drilling rig Saipem 10000 has completed the sidetrack drilling operations at the Zohr-6 well, ...

Italian energy services provider Saipem has secured a new offshore contract, valued at approximately $2bn (€1.8bn), for the ...

Saipem SPM-2.09 % decrease; red down pointing triangle shares rose in early morning trading after it was awarded a $4 billion engineering, procurement and construction contract from QatarEnergy LNG.

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

A leading French utility has delayed the launch of an offshore wind farm by two years amid construction struggles.

Saipem's EBITDA is undervalued compared to Subsea 7, despite similar offshore activities and less leverage, which gives them the worse hand in the 50:50 Subsea 7 merger.

The contract was awarded through a competitive dual FEED process, which provides for design work to be conducted by both ...

Saipem has won a €520m ($591.5m) contract spanning three years for the Liverpool Bay carbon capture and storage (CCS) project from Eni. The Liverpool Bay CCS project will support the HyNet ...