Saipem announces that Fabrizio Barbieri has resigned from his position as a director of Saipem’s Board. Fabrizio Barbieri, a non-executive and non-independent Board member, was not part of any internal committee, and was drawn from the list…
On Monday, July 28, the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea. Produced by Samsung Heavy Industries this is the first Statoil topsides built in South Korea. The structure sailed from the yard on June 15 this year…
Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the substantial risk it creates to the…
The consortium building Poland's first liquefied natural gas (LNG) terminal is in talks to increase the amount it is being paid, but there is no risk to the completion of the project, one of the contractors told Reuters on Friday. The import terminal is being built on Poland's Baltic coast…
Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two Kaombo FPSOs for service off Angola. The $4 billion project for the FPSOs was awarded to Saipem by Total for the engineering…