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Saipem SpA (SPMI.MI)

SPMI.MI on Milan Stock Exchange

4.79EUR
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€0.09 (+1.98%)
Prev Close
€4.70
Open
€4.71
Day's High
€4.87
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€4.68
Volume
11,107,912
Avg. Vol
10,051,884
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€5.52
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€3.07

Latest Key Developments (Source: Significant Developments)

Saipem: New E&C Onshore Contract Awarded By Thai Oil For Expansion Of Sriracha Refinery
2:46pm BST 

Oct 19 (Reuters) - Saipem SpA ::NEW E&C ONSHORE CONTRACT AWARDED BY THAI OIL (THAIOIL) FOR EXPANSION OF SRIRACHA REFINERY IN THAILAND WORTH C. USD 4 BILLION.SAIPEM SHARE IN E&C ONSHORE CONTRACT AWARDED BY THAI OIL IS ABOUT USD 1.4 BILLION.  Full Article

Saipem Assigned Second Phase Of Development Of Liza Field In Guyana
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Saipem SpA ::ASSIGNED BY EXXONMOBIL SECOND PHASE OF DEVELOPMENT OF LIZA FIELD IN GUYANA AND OTHER CONTRACTS IN E & C OFFSHORE FOR A TOTAL VALUE OF ABOUT USD 700 MILLION.  Full Article

Saipem Wins Onshore E&C Contracts Worth Total Of About USD 800 Mln
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Saipem SpA ::HAS BEEN AWARDED ONSHORE E&C CONTRACTS IN SAUDI ARABIA, SERBIA, MEXICO, IRAQ AND NIGERIA WORTH ABOUT 800 MILLION USD IN TOTAL.  Full Article

Saipem can play role in industry consolidation process - CEO
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Saipem CEO Stefano Cao says::COMPANY HAS CAPABILITY TO PLAY ROLE IN INDUSTRY CONSOLIDATION PROCESS.EVALUATING WHETHER TO DEVELOP ALLIANCE WITH AKER SOLUTIONS, MAKE IT MORE "STRUCTURED".  Full Article

Saipem's Board Of Directors Approves Renewal Of EMTN Programme
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Saipem SpA ::BOARD APPROVED RENEWAL FOR ONE YEAR OF EMTN PROGRAMME.MAXIMUM AGGREGATE AMOUNT OF EMTN PROGRAMME OF 3 BILLION EUROS (OF WHICH 2 BILLION EUROS ALREADY ISSUED) HAS REMAINED UNCHANGED.  Full Article

Saipem onshore drilling could be candidate to tie up with other operators - CEO
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Saipem CEO Stefano Cao says::ONSHORE DRILLING BUSINESS COULD BE CANDIDATE FOR COMBINATION WITH OTHER OPERATORS IN THE SECTOR.  Full Article

Saipem CEO says Subsea 7 bid sign of consolidation, needs montitoring
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Saipem CEO Stefano Cao says::SUBSEA 7 BID ON MCDERMOTT IS SIGN OF CONSOLIDATION OF SECTOR THAT "NEEDS TO BE MONITORED CAREFULLY".  Full Article

Saipem says regulator launches procedure over alleged irregularities in 2016 cash call docs
Sunday, 8 Apr 2018 

April 8 (Reuters) - Saipem says::ITALIAN MARKET REGULATOR HAS LAUNCHED AN ADMINISTRATIVE PROCEDURE AGAINST BOARD, CFO AT THE TIME OVER ALLEGED IRREGULARITIES IN 2016 CASH CALL PROSPECTUS.IF PROVEN, REGULATOR'S ADMINISTRATIVE PROCEDURE COULD RESULT IN FINES OF BETWEEN 5,000-500,000 EUROS.REITERATES IT AND ITS EXECUTIVES HAD ALWAYS ACTED PROPERLY, WILL REPLY TO REGULATOR'S ALLEGATIONS IN A TIMELY MANNER.  Full Article

Saipem not considering any breakup - CEO
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Saipem CEO Stefano Cao says in a conference call::not considering any breakup of group.at moment "not discussing issue of dividend".expects decision on arbitration with Gazprom over the South Stream project by end 2018, but is open to compromise in the meantime.  Full Article

Italy's state-controlled companies ready to invest 15 bln euros more in next 5 years-PM

ROME, Oct 10 Italy's state-controlled companies are ready to invest a further 15 billion euros ($17 billion) in the next 5 years if government reforms are implemented, Prime Minister Giuseppe Conte said on Wednesday.