The development of Suriname’s GranMorgu offshore oil field has taken a monumental step forward as TotalEnergies awarded multiple high-profile contracts for the project. With significant roles entrusted to Technip Energies, TechnipFMC, and Saipem, this initiative is poised to reshape Suriname’s energy landscape while advancing sustainable offshore oil production. Major contracts signal commitment to sustainability Technip […]
Saipem, the Italian energy services giant, saw its shares rise by 2.5% after securing a major $2 billion offshore contract from Saudi Arabian Oil Company (Saudi Aramco). The contract, under the Long-Term Agreement (LTA), involves developing the Marjan field, a critical asset in Saudi Arabia’s offshore oil and gas production strategy. Saipem’s project scope includes […]
Saipem, a leading engineering and construction company, has been awarded a substantial offshore Engineering, Procurement, and Construction (EPC) contract by QatarEnergy LNG, valued at approximately 4 billion USD. The contract is for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Programme, aimed at sustaining the production capacity of the North […]
Saipem, an Italian energy services giant, and newcleo, a UK-based developer of innovative nuclear technology, have signed a landmark agreement to explore the offshore applications of newcleo’s sustainable nuclear technology. This partnership marks the first of its kind between two European companies focused on leveraging next-generation nuclear solutions to address the growing demand for clean […]
TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, has awarded Saipem three significant contracts for the Kaminho project off the coast of Angola, amounting to a total value of $3.7 billion. These contracts mark a critical phase in the development of the Cameia and Golfinho oil fields, highlighting Saipem’s integral role in advancing one […]
In a significant move to address the challenges of decarbonizing hard-to-abate industries, Saipem, a leading global energy services company, and Valmet, a Finland-based global developer of process technologies, have announced a groundbreaking Memorandum of Understanding (MoU). This strategic collaboration aims to develop integrated solutions to reduce greenhouse gas emissions in the industrial sector. Pioneering Collaboration […]
Saipem, a renowned player in the energy sector, has recently been awarded two significant offshore contracts totaling approximately $1.9 billion. This monumental achievement not only reinforces Saipem’s position in the oil and gas industry but also highlights its expanding global footprint. ExxonMobil Guyana Contract Details The first contract, awarded by ExxonMobil’s subsidiary, ExxonMobil Guyana Limited, […]
In a notable collaboration aimed at enhancing sustainable fuel production, Eni and Saipem have inked a development agreement, endorsed by Giuseppe Ricci and Alessandro Puliti, the COO of Eni’s Energy Evolution and CEO of Saipem, respectively. This agreement is a strategic move to support the transition of traditional refineries and to amplify the growth of […]
In a multi-million-pound agreement, Petrofac has secured a pivotal contract with Saipem to assist in the decommissioning of a substantial platform located within the UK sector of the North Sea. This partnership will witness the coordinated removal of a 20,000-tonne topside, leveraging the capacities of the Saipem 7000, regarded among the globe’s most formidable semi-submersible […]
Saipem, in partnership with the National Petroleum Construction Company (NPCC), has announced the signing of a letter of award (LOA) with the Abu Dhabi National Oil Company (ADNOC). The LOA pertains to a contract related to the Hail and Ghasha Development Project – Package 1 in the United Arab Emirates, with Saipem’s share of the […]
