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…
Italian oil services group Saipem cut its full-year guidance range for the year on Tuesday after posting a second-quarter net profit that beat market consensus. Saipem, which is 43 percent owned by oil major Eni, said in a statement it expected…
Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately $850 million of which $540 million are related to offshore activity and refer to four different units of Saipem’s fleet. Saipem has signed with Eni Muara Bakau B.V.
The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas, sources said. Former ENI CEO Paolo Scaroni had…