General – Merger
Although it is not a significant surprise, Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7.
[Read more…] about Saipem, Subsea7 reach merger agreement
EDF postpones OWF commissioning by 2 years
Wind Energy – Postponement
French energy company Electricité de France (EDF) has announced a two-year delay to the commissioning of its offshore wind farm near the Normandy coast, citing ongoing construction difficulties.
[Read more…] about EDF postpones OWF commissioning by 2 yearsRemote survey for 433 km trunkline in Western Australia
Fossil Energy – Survey Campaign
Fugro conducted a series of survey campaigns that played a critical role in supporting Saipem’s successful completion of the trunkline installation for Woodside’s project.
[Read more…] about Remote survey for 433 km trunkline in Western AustraliaSaipem picks contractor for Eni’s fast-track Kutei FPSO
Fossil Energy – Indonesia
Italian contracting giant Saipem has selected China Merchants Heavy Industry (CMHI) to build the hull of a floating production, storage and offloading vessel destined for Eni’s Kutei North Hub gas project offshore Indonesia.
[Read more…] about Saipem picks contractor for Eni’s fast-track Kutei FPSOFramework agreement for offshore activities
Fossil Energy – Saipem
Saipem has signed a renewal for its framework agreement with Saudi Aramco.
[Read more…] about Framework agreement for offshore activitiesSaipem awarded new offshore contracts in Middle East and Guyana
Fossil Energy – New Contracts
Saipem has been awarded new contracts in the Middle East and Guyana, totaling approximately 720 million USD.
[Read more…] about Saipem awarded new offshore contracts in Middle East and GuyanaNortrans secures contract with Saipem
Fossil Energy – Australia
Nortrans Offshore has been awarded a contract with Saipem for the Jansz-Io Compression (J-IC) Project offshore Western Australia.
[Read more…] about Nortrans secures contract with SaipemCollaboration agreement for floating wind in Italy
Wind Energy – Italy
Saipem and Divento have signed a collaboration agreement involving the application of STAR 1, Saipem’s proprietary technology for floating wind, in favour of the 7 Seas Med projects in Sicily and Ichnusa Wind Power in Sardinia, with the aim of supporting their participation to the firsts auctions provided for the Fer2 Decree.
[Read more…] about Collaboration agreement for floating wind in ItalySaipem to consider merging with Subsea 7
General – Merger
After unsuccessful talks about a possible merger in past years, Saipem is considering a combination with its Norwegian rival Subsea 7 in one of the possible biggest deals in the oil industry to create a larger European oil services provider and defend against a downturn in the industry.
[Read more…] about Saipem to consider merging with Subsea 7Another Saipem achievement in Angola
Fossil Energy – Topside Angola
Saipem announced that the largest gas production topside ever built in Angola has been loaded out in Ambriz yard given sailing away to the Quiluma offshore wellhead platform.
[Read more…] about Another Saipem achievement in Angola