Browsing Tag
Saipem
46 posts
EDF plans 10 NUWARD reactors by 2035 as Europe’s SMR race moves toward deployment
EDF plans to develop 10 NUWARD small modular reactors across the European Union by 2035, beginning in France and potentially Italy, as Europe’s largest nuclear operator attempts to move SMRs from engineering programmes into a repeatable industrial product.
Saipem and Subsea7 merger faces EU Phase 2 test as €300m synergy case hangs on remedies
Saipem and Subsea7 face deeper EU scrutiny, with €300 million of synergies at risk if regulators demand material remedies before closing.
Alfa Laval joins Stockholm Exergi’s carbon removal project as Saipem moves €600m BECCS build deeper into procurement
Alfa Laval will supply heat-transfer equipment to Stockholm Exergi’s BECCS project, adding another industrial supplier to a €600 million Saipem-led build designed to permanently remove up to 800,000 tonnes of biogenic carbon dioxide annually.
Saipem wins $1.8bn Middle East offshore EPCI contract as backlog stays near €30bn
Saipem has secured a $1.8 billion Middle East offshore EPCI contract covering offshore and subsea infrastructure, adding a major award to a backlog already approaching €30 billion.
Rovuma LNG locks in $1.1bn of equipment as ExxonMobil targets 2026 FID
ExxonMobil and its Area 4 partners have committed about $1.1 billion to long-lead equipment for Mozambique’s 18.6mtpa Rovuma LNG project, with a newly disclosed $200 million to $250 million pipe package showing how far procurement is moving before the final investment decision.
Corinth Pipeworks lands up to $250m Rovuma LNG contract as ExxonMobil moves closer to Mozambique FID
Corinth Pipeworks has secured a $200 million to $250 million offshore pipeline package as ExxonMobil and its partners accelerate pre-FID spending on Mozambique’s Rovuma LNG.
Offshore oil and gas is quietly replacing vessel days with subsea robots
Resident subsea robots, autonomous inspection vehicles and remotely operated uncrewed vessels are beginning to perform offshore oil and gas work once tied to large support vessels and offshore crews. Commercial operations involving Equinor, Saipem, Reach Subsea and Oceaneering International show how robotics could reduce vessel days, personnel exposure and inspection costs, although intervention capability, subsea infrastructure, communications and regulatory acceptance still determine how far vessel-free operations can go.
Saipem, Subsea7 clear US antitrust hurdle as Saipem7 merger heads for H2 2026 close
Saipem cleared US antitrust for the €21bn-revenue Saipem7 merger with Subsea7, but a Brussels Phase II probe and an Australian in-depth review remain.
Greater PAJ Project: Angola’s $5bn cross-block offshore oil development moves into execution in 2026
The Greater PAJ Project offshore Angola has reached final investment decision, with Azule Energy and its partners advancing a five-field deepwater development that will use a new 95,000 barrels-per-day FPSO to bring first oil in the first half of 2029.
Saipem and Subsea7 merger faces likely EU antitrust probe as July 22 deadline nears
Saipem and Subsea7 face a likely EU antitrust probe as vessel concentration threatens Saipem7’s €300 million synergy case and second-half 2026 closing.