52 Week Range
As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Shawcor Announces Letter Of Intent To Provide Pipe Coating Services For The Proposed Payara Project
Saipem Wins Orders For Total Of USD 880 Mln
Saipem CEO says conditions exist for return to dividend
Saipem SpA is an Italy-based company active as contractor in the oil and gas industry in remote areas and deepwater. It supplies engineering, procurement, project management and construction services with the design and the execution of offshore and onshore projects. In addition, the Company also offers technologies for the gas monetization and heavy oil exploitation. It is organized into five business units: Onshore Engineering & Construction, Offshore Engineering & Construction, Onshore Drilling, Offshore Drilling, and XSIGHT. The Engineering & Construction business unit operates both onshore and offshore. The offshore activities include platforms, marine terminals, pipelines and the development of deepwater fields. The onshore activities focus on the laying of pipelines and installation of plant, equipment and the floaters. The Drilling business unit carries out drilling programs in the onshore and offshore environments globally.
Oil Well Services & Equipment
Via Martiri di Cefalonia, 67
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer
General Counsel, Company Affairs and Governance
Director Human Resources, Organisation and Services.
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Italy's Saipem has been awarded a contract in Equatorial Guinea worth $90-$100 million to build a 70 km subsea pipeline linking the Alen platform with the Punta Europa petrochemical hub, the oil ministry said on Thursday.
Equatorial Guinea has awarded a $90-$100 million contract to build a 70 km subsea pipeline linking the Noble Energy operated Alen Unit to the country's Punta Europa petrochemical hub to Italian firm Saipem , the oil ministry said on Thursday.
Italian oil service group Saipem <SPMI.MI> is pressing ahead with plans to find a partner for its drilling unit to focus on its core business of building offshore installations and pipelines, the company's chief said on Thursday.
Italian oil services group Saipem <SPMI.MI> has drawn up a short list of potential partners for its drilling business as it casts around for joint venture deals to help revive growth.
Two contracts signed in Saudi Arabia for $3.5 billion (£2.8 billion) by Italy's oil contractor Saipem <SPMI.MI> are part of a shift in the company's strategy to focus more on natural gas, Chief Executive Stefano Cao said on Wednesday.
Italian oil contractor Saipem is stepping up efforts to find a partner for its drilling business by moving a top manager to head the business, a source with knowledge of the matter said on Tuesday.
Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.
Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.
A Rome court has upheld a fine imposed on Petrofac CEO Ayman Asfari by Italian market watchdog Consob for alleged insider trading in Saipem shares, a spokesman for the British oil services company said on Wednesday.
Uganda approved Italian oil services firm Saipem's plan for early engineering work on what is due to become a 60,000 barrel per day refinery in the East African country, a nascent oil producer, Saipem said on Tuesday.
An Italian judge has ordered oil contractor Saipem and former executives to stand trial on charges of market manipulation and false accounting, the company said on Friday, confirming an earlier report.
Italian oil services group Saipem said on Thursday it expected higher sales this year after beating 2018 forecasts and said it was looking for market opportunities.
Milan prosecutors have launched a probe into alleged market irregularities involving Saipem and some of its managers including its CEO, the oil service group said on Tuesday.
Italian oil service group Saipem knew about and abetted in bribes paid to win contracts in Algeria worth 8 billion euros ($9 billion), judges at a Milan court said in a detailed ruling filed on Tuesday.
Italian energy contractor Saipem plans to sign a deal this week with Novatek to build offshore platforms for the Russian firm's liquefied natural gas project, Arctic LNG 2, two sources close to talks told Reuters.
A cyber attack on Italian oil service contractor Saipem will have no impact on the group's revenues, a spokesman said on Thursday.
A hack on Italian oil services firm Saipem <SPMI.MI> that crippled more than 300 of the company's computers used a variant of the notorious Shamoon virus, Saipem said, a development that links the case to a massive attack in 2012 on Saudi Aramco.
A hack on Italian oil services firm Saipem that crippled more than 300 computers was likely caused by a variant of a notorious destructive virus known as Shamoon, the company and two cybersecurity firms said.
Italian oil services company Saipem <SPMI.MI> said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East.
Major European oil service groups Saipem <SPMI.MI> and Aker Solutions <AKSOL.OL> gave investors in the struggling sector a rare ray of hope on Wednesday by signaling signs of recovery.
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