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Saipem and Equinor ink major services pact
May 28, 2020

Saipem and Equinor ink major services pact

Italian firm Saipem has signed a two-year frame agreement with Norway’s Equinor covering engineering services worldwide. The frame agreement includes assistance for Equinor’s upcoming onshore, offshore and floating wind sector projects, as well as feasibility and conceptual studies, detailed engineering and related support for R&D activities. The scope of the frame agreement extends to offshore trunklines and routing design for products such as umbilicals, cables, static flexibles and power cables.

Nigeria LNG awards $4 billion EPC contract to Saipem
May 14, 2020
Source: Reuters

Nigeria LNG awards $4 billion EPC contract to Saipem

Nigeria LNG has awarded an EPC contract (Engineering, Procurement & Contract) for Train 7 project to Italian contractor, Saipem. The long-awaited project is expected to boost Nigeria’s liquefied natural gas (LNG) output by more than 30%. Saipem claimed that the overall value of the contract was above $4 billion, with its share at roughly $2.7 billion. With the LNG production declining, this deal might change the course of things.

Exxon's EEPGL awards a contract to Saipem
Nov. 16, 2019

Exxon's EEPGL awards a contract to Saipem

ExxonMobil's subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded a contract to Saipem. The contract is for the proposed Payara development project in Stabroek block offshore Guyana. Under the scope of this contract, subsea structures, risers and flowlines for Payara are also included. Italian contractor will be in charge of procurement, construction and installation (EPCI) of a large subsea production facility.

Saipem's vessel in Caspian Sea met with an accident
May 10, 2019
Source: World Oil

Saipem's vessel in Caspian Sea met with an accident

According to the sources, the vessel Israfil Huseynov operated by Saipem in the Caspian Sea met with an accident on Wednesday. An explosion occurred on the vessel which was being used for pipelaying for the framework of the Shah Deniz II project. The count of casualties is 14. The accident was due to the maintenance operations on an item of equipment during pipe-laying activities.

No theft of data during cyber-attack on Saipem
Dec. 18, 2018

No theft of data during cyber-attack on Saipem

Italy-based Saipem has reported no theft or loss of data during the cyber-attack on its servers last week. The service provider assured that the restoration activities are near completion for the infrastructures struck by the cyber-attack. Saipem also confirmed that the prosecution of the ordinary activity has faced no interference. Saipem had communicated a cyber-attack on its servers on December 10th.

Saipem’s servers in Italy suffer cyber-attack
Dec. 11, 2018
Source: Energy Voice

Saipem’s servers in Italy suffer cyber-attack

Italian oil services giant, Saipem yesterday reported a major cyber-attack on its servers. The Milan-headquartered firm assured of taking “impact assessment measures”. Saipem is currently in the process of reporting the attack to the concerned authorities. A spokeswoman for the firm said, “We are collecting all the elements useful for assessing the impact on our infrastructures and the actions to be taken to restore normal activities.

McDermott, Saipem to jointly bid for LNG project
Oct. 30, 2018
Source: World Oil

McDermott, Saipem to jointly bid for LNG project

EPC giant, McDermott International and Italian contractor, Saipem are planning to jointly bid for NextDecade's proposed Rio Grande LNG project in Texas. CEO, McDermott informed that they are planning to submit the joint EPC proposal in the second quarter of 2019. NextDecade expects to reach a final investment decision on the project by 3Q2019.

Saipem reports significant loss in Q3 2018
Oct. 25, 2018
Source: Energy Voice

Saipem reports significant loss in Q3 2018

Italy’s oil and gas contractor, Saipem released its third quarter earnings reporting significant losses. The firm is working at a pre-tax loss of £136 million, a loss of £50 million on the same period in 2017. This year, the firm went through a loss of £315m. CEO of Saipem commented “In what is still a complex context, the first nine months of 2018 Saipem revealed a good operational and managerial performance, in particular in Offshore Engineering & Construction and Drilling.”

Thai Oil awards £3b contract to Petrofac-led consortium
Oct. 20, 2018
Source: Energy Voice

Thai Oil awards £3b contract to Petrofac-led consortium

Thai Oil has awarded the consortium of Petrofac, Saipem and Samsung a £3billion clean fuels project in Thailand. The project aims at transforming the existing refinery in the Chon Buri province into a facility that is environmentally-friendly. Under the contract, Petrofac will provide engineering, procurement, construction and commissioning (EPCC) services for over four years, which will also include adding new processing units. Petrofac will receive over £1billion as share.

Saipem lays pipeline for Equinor’s Johan Sverdrup
Sept. 11, 2018

Saipem lays pipeline for Equinor’s Johan Sverdrup

Norwegian oil giant, Equinor has concluded the installation of the 283-km crude oil pipeline for its Johan Sverdrup project. The pipeline, laid by Saipem’s Castorone, runs through the North Sea to the Mongstad oil terminal outside Bergen, Norway. The Saipem-owned vessel is now preparing to lay the 156-km long natural gas pipeline from Johan Sverdrup to the Statpipe pipeline, shipping gas from the field to Karsto.

Saipem awards contract to Balltec
Aug. 11, 2018

Saipem awards contract to Balltec

Saipem has awarded the contract for supplying two sheave connection points (SCPs) for Dolphin Energy’s emergency pipeline repair system (EPRS) to UK-based Balltec. Under the Dolphin project, natural gas is transported from North Field of Qatar for processing at EPRS’ offshore processing plant at Ras Laffan. The gas is then transported to Taweelah, UAE via export subsea pipeline.

Saipem receives several new contracts
July 26, 2018
Source: Energy Voice

Saipem receives several new contracts

Italian oil firm, Saipem in an announcement said that it has received more than £600 million worth of contract for projects across Saudi Arabia, Serbia, Mexico, Iraq, and Nigeria. Further, the company also declared contract awards from ExxonMobil and Petróleos Mexicanos for various projects and it will also be leading a JV with Chiyoda and Daewoo, a FEED contract awarded by Nigeria LNG Limited.

Saipem wins Nigerian LNG contract
July 13, 2018
Source: Reuters

Saipem wins Nigerian LNG contract

A Saipem-led joint venture has won the contract for a Nigerian LNG project. The JV, which includes Saipem, Japan’s Chiyoda Corp, and Korea’s Daewoo E&C, will carry out the Front-end Engineering Design (FEED) and EPC for NLNG Train 7 project, intended to expand an existing LNG plant. The plant is operated by a joint venture of Nigerian National Petroleum Corporation and oil firms Shell, Total and Eni.

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