Saipem news

Here are some recent news articles and updates about Saipem, an Italian oil and gas services company:

Recent News

  1. Saipem wins new contract in Algeria: Saipem has been awarded a new contract by Sonatrach, the Algerian state-owned oil company, for the development of the Hassi R'Mel gas field in Algeria. The contract is worth around $1.2 billion. (Source: Offshore Magazine, March 2023)
  2. Saipem to build new FPSO in Brazil: Saipem has been awarded a contract by Petrobras to build a new floating production, storage and offloading (FPSO) unit for the Búzios field in Brazil. The contract is worth around $1.5 billion. (Source: Oil & Gas Journal, February 2023)
  3. Saipem reports 2022 results: Saipem reported a net loss of €1.1 billion in 2022, compared to a net loss of €1.4 billion in 2021. The company's revenue decreased by 14% to €8.4 billion in 2022. (Source: Saipem's 2022 Annual Report, February 2023)
  4. Saipem to divest non-core assets: Saipem has announced plans to divest non-core assets and focus on its core business of providing oil and gas services. The company has already sold several non-core assets in recent years. (Source: Reuters, January 2023)
  5. Saipem wins new contract in Russia: Saipem has been awarded a new contract by Gazprom Neft, a Russian oil company, for the development of the Novy Port oil field in Russia. The contract is worth around $500 million. (Source: Oil & Gas Journal, December 2022)

Recent Developments

  1. Saipem's new CEO: In January 2023, Saipem appointed a new CEO, Stefano Cao, who has over 30 years of experience in the oil and gas industry. Cao replaces Francesco Martino, who retired as CEO in December 2022.
  2. Saipem's sustainability efforts: Saipem has been working to improve its sustainability performance, including reducing its carbon footprint and increasing its use of renewable energy. The company has set a target to reduce its greenhouse gas emissions by 50% by 2030.
  3. Saipem's partnerships: Saipem has been partnering with other companies to develop new projects and technologies. For example, the company has partnered with Shell to develop a new offshore wind farm in the UK.

I hope this information is helpful!