Browsing Tag
Saipem
32 posts
Shareholders back Saipem–Subsea7 deal to create €43bn offshore contractor
Saipem shareholders approve merger with Subsea7, creating Saipem7. Explore the strategic drivers, regulatory hurdles, risks, and global offshore energy outlook.
September 25, 2025
Will Brazil block the Subsea7–Saipem merger as oil majors sound alarm on competition?
Exxon Mobil, Petrobras, and TechnipFMC are pressing Brazil’s Cade to challenge the Subsea7–Saipem merger. Learn why the outcome matters for oil and gas.
September 24, 2025
Saipem cuts first steel for Tangguh UCC project at Indonesia’s Karimun yard
Saipem begins fabrication for BP Indonesia’s Tangguh UCC project, blending gas recovery with carbon capture. Discover the full scope and impact.
August 15, 2025
Can Saipem7’s €300m synergy target hold as oilfield services face rising vessel charter costs?
Can Saipem7’s €300M synergy target hold as vessel charter costs rise? Explore whether fleet and procurement savings can offset offshore service cost pressures.
July 28, 2025
Saipem and Subsea7 to create €21bn energy services giant Saipem7
Saipem and Subsea7 sign merger deal to form €21B Saipem7, aiming to dominate global energy services. Find out what this means for offshore energy markets.
July 24, 2025
Can Irpa redefine subsea tie-back economics in the Aasta Hansteen gas field region?
Explore how Irpa's tie-back to the Aasta Hansteen gas field could reshape subsea economics, extend production to 2039, and set a new benchmark for Arctic gas.
July 11, 2025
Saipem’s profit surges 70% in 2024: What investors need to know
Italian oilfield services contractor Saipem has reported its preliminary financial results for 2024, showcasing a third consecutive year…
February 27, 2025
Saipem and Subsea7 announce merger to create global energy services leader
Saipem and Subsea7 have reached an agreement in principle to merge, forming a dominant force in global energy…
February 24, 2025
Saipem wins key role in Shell’s Bonga North deepwater oil project
Saipem, alongside KOA Oil & Gas and AVEON Offshore, has secured a pivotal contract for the Bonga North…
December 21, 2024
Saipem partners with PT Meindo Elang Indah for major Tangguh UCC project
Saipem, in collaboration with PT Meindo Elang Indah, has been awarded a $1.2 billion offshore Engineering, Procurement, Construction,…
November 27, 2024