BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Aug.2025, Words: 273) — Saipem successfully completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea. Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem’s flagship vessels, according to […]
Tag: Saipem
![Subsea7 and Saipem create “asset disposal” groups [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2025/06/seven-source-subsea7.jpg)
Subsea7 and Saipem create “asset disposal” groups [pdf download]
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 120) — Disposal groups have been created for the assets that are expected to be disposed in the aftermath of the merger deal between Saipem and Subsea7. “The disposal of this part of the portfolio will lead to a […]
Saipem on contract extension with Aker BP for drilling activities offshore Norway
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 30.Jul.2025, Words: 194) — Aker BP exercised the option for the extension period under the existing contract for the semi‑submersible drilling unit Scarabeo 8, originally awarded in Mar. 2022. This option, which is in direct continuation of the previous one-year contract extension, prolongs […]
![Subsea7 and Saipem ink merger agreement [pdf downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/06/Saipem-new-offshore-contract-in-Brazil-scaled-1.jpg)
Subsea7 and Saipem ink merger agreement [pdf downloads]
MILAN, LUXEMBOURG (By Saipem, 24.Jul.2025, Words: 75) — Saipem and Subsea7 announce that they have entered into a binding merger agreement, on terms and conditions in line with what was previously communicated at the time of the signing of the memorandum of understanding (MOU) on 23 Feb. 2025. The merger […]
![EAI’s Suriname NRG Prospector: TotalEnergies and APA eye GranMorgu [23pg pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2025/02/suriname-2Q25-energy-analytics-institute.png)
EAI’s Suriname NRG Prospector: TotalEnergies and APA eye GranMorgu [23pg pdf download]
PANAMA CITY, PANAMA (Editors at Energy Analytics Institute, 13.Jun.2025, Words: 6,000) — Nestled on the northeaster coast of South America, Surname is a small yet resource rich country poised to emerged as a vital player in the Latin America and Caribbean energy and extractive sectors. Recent developments offshore highlight the […]
Saipem inks $1.9bn contract for GranMorgu project offshore Suriname
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 14.Nov.2024, Words: 418) — Saipem has been awarded an $1.9bn EPCI contract by TotalEnergies subsidiary TotalEnergies EP Suriname B.V. for the subsea development of the GranMorgu project offshore Suriname. Saipem’s scope of work entails the engineering, procurement, supply, construction, installation, pre-commissioning and assistance […]
Baker Hughes Awarded Order for Kaminho Project in Angola
(Baker Hughes, 15.Oct.2024) — Baker Hughes has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola. Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity […]
Truckline Installation Completed at Scarborough Project
(Energy Analytics Institute, 10.Oct.2024) — Saipem and sub-contractor teams completed the installation of the truckling at Woodside Energy’s Scarborough energy project. The 433-km trunkline will transport gas from the offshore Scarborough field to the onshore Pluto LNG processing facility in Karratha, the Australian company said 10 Oct. 2024 in a […]
Saipem Accelerates Research into Geothermal Energy
(Saipem, 7.Oct.2024) — Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geothermal energy with Geolog, a company in the evaluation of geological formation and drilling solutions, and Ignis H2 Energy, a company specialized in geothermal resource acquisition, exploration, and development. The agreement is […]
Saipem Presents Solution for Large-scale Green Hydrogen Production
(Saipem, 2.Oct.2024) — Saipem and Nel ASA, during the 2024 World Hydrogen Week in Copenhagen, unveiled IVHY™ 100, a groundbreaking turn-key 100 MW electrolyser concept, which leverages Nel’s atmospheric alkaline electrolyser technology. The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular and to facilitate […]
Saipem Awarded Offshore Contract in Saudi Arabia Worth$2bn
(Energy Analytics Institute, 16.Sep.2024) — Saipem has been awarded a new offshore contract worth $2bn, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The award follows the completion of the bidding procedure, and the occurrence of the usual preliminary […]
Saipem Awarded Contract by ADNOC Worth $4.1bn
(Saipem, 5.Oct.2023) — Saipem, in consortium with National Petroleum Construction Company (NPCC), signed a letter of award with ADNOC for a new contract related to the Hail and Ghasha Development Project – Package 1 in the United Arab Emirates. Saipem’s share of the contract amounts to around $4.1bn. The project […]
Saipem Awarded Deals for $1.2bn in Guyana, Egypt
(Saipem, 15.Dec.2022) — Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately $1.2bn. In Latin America: Guyana The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana […]
Saipem to Sale FPSO Cidade de VitĂłria for $73mn to BW Energy
(Saipem, 27.Jun.2022) — Saipem and BW Energy signed a Memorandum of Agreement (MoA) for the sale of the FPSO Cidade de Vitoria, currently owned by Saipem and operated for Petrobras in the Golfinho field offshore Brazil. The sale of the FPSO is subject to the closing of the acquisition by […]
BW Energy Inks Deal for Golfinho Field FPSO Cidade de Vitoria
(BW Energy, 24.Jun.2022) — BW Energy signed an agreement to acquire the FPSO Cidade de Vitoria, currently producing on the Golfinho field, from Saipem for a cash consideration of $73mn. The transaction is subject to fulfilment or waiver of conditions precedents with an expected closing and takeover of the FPSO […]
NRGBriefs: BW Energy Inks $75mn Deal with Petrobras for Offshore Clusters
(Energy Analytics Institute, 23.Jun.2022) — Energy briefs including Oslo-based BW Energy signing an agreement to acquire an 100% operated working interest in the Golfinho and Camarupim clusters and a 65% working interest in the BM-ES-23 block from Petrobras for $75mn. LATIN AMERICA AND THE CARIBBEAN Brazil — BW Energy inked […]
Saipem: Drilling Contracts in Middle East and West Africa worth Over $400mn
(Saipem, 5.Apr.2022) — Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of over $400mn. Two contracts have been awarded in the Middle East for two high specification jack-up drilling units, consisting of drilling and workover operations for […]
Saipem Inks Two New Offshore Deals in Australia and Guyana
(Saipem 11.Jan.2022) — Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Francesco Caio, CEO and General Manager of Saipem, commented: “The award of these contracts represents a significant confirmation of the trust of our clients in Saipem’s ability to […]
TechnipFMC and Saipem to Unlock New Opportunities
(TechnipFMC, 27.Oct.2021) — TechnipFMC (NYSE: FTI) (PARIS: FTI) and Saipem (MILAN: SPM) entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where […]
Petrobras Inks Deal For The 8th BĂşzios Unit
(Petrobras, 11.Jun.2021) — Petrobras signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3bn for the supply of P-79, the eighth unit to be installed in BĂşzios field, in the Santos Basin pre-salt area. With capacity to process 180,000 barrels of oil per […]
Saipem And Naval Energies Ink Deal To Acquire Floating Wind Business
(Saipem, 4.Jun.2021) — Saipem and Naval Energies, a subsidiary of Naval Group, signed yesterday an agreement for the acquisition of Naval Energies’ floating wind business, consisting in Naval Energies’ engineering know-how on floating units, intellectual property rights and approximately thirty resources with expertise in modelling and simulation. The transaction has […]
Saipem Inks Contracts In Saudi Arabia
(Saipem, 17.May.2021) — Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a duration of 4 years. The total of orders acquired by the Onshore Drilling […]
NnG, Saipem And InfraStrata Reveal Major Contract For Harland & Wolff
(Saipem, 16.Apr.2021) — Neart na Gaoithe (NnG) Offshore Wind Limited (jointly owned by EDF Renewables and ESB), its tier one service provider, Saipem, and InfraStrata, owner of Harland & Wolff, jointly announce that a contract has been signed for Harland & Wolff to carry out the fabrication and load-out of […]
Saipem And Siram Veolia Ink MOU For Transition Project Collaborate
(Saipem, 8.Apr.2021) — Saipem and Siram Veolia have signed a Memorandum of Understanding (MoU) relating to a collaboration agreement for the implementation of projects focused on the energy transition in Italy. In particular, the two companies intend to pursue opportunities in the treatment and reuse of water and waste, the […]
Saipem To Build 450 MW Offshore Wind Farm In Italy
(Reuters, 25.Aug.2020) — Italy’s Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy, the energy services group said on Tuesday. Saipem has agreed with renewable energy companies AGNES and QINT’X to install 56 wind turbines at two sites […]
Petrobras Awards Saipem $325mn Buzios Subsea Deal
(Saipem, 6.Jul.2020) — Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the BĂşzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The BĂşzios-5 overall production system foresees the interconnection of […]
Nigeria LNG Limited Selects Saipem For LNG Project
(Saipem, 13.May.2020) — Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement & Construction of the Nigeria LNG Train 7 Project to be executed at Bonny Island LNG complex in Nigeria. The […]
Saipem Inks Subsea Contract In Guyana
(Saipem, 14.Nov.2019) — Milan-based Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2000 metres. The contract scope includes Subsea Structures, Risers and […]
Shawcor to Provide Pipe Coating Services for Guyana Deepwater Projects
(Shawcor Ltd. 4.Oct.2018) — Shawcor Ltd. (SCL) announced that its pipe coating division has been assigned work from Saipem valued at approximately C$110 million to provide thermal insulation and anticorrosion coating services for the Liza I and II deepwater development projects located offshore Guyana. Coating work under the Liza I […]
Pemex Says JV Wins Bid to Rehabilitate H-Oil Plant at Tula Refinery
(Energy Analytics Institute, Ian Silverman, 31.May.2018) – The partnership Saipem S.P.A / Saimexicana S.A. de C.V won the bid to rehabilitate the H-Oil Plant at the Miguel Hidalgo refinery. Mexico’s state oil company PetrĂłleos Mexicanos announced in an official statement results of the bidding process for rehabilitation and commissioning works […]