Saipem new projects 2025 Conference call. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . Saipem's share of the contract amounts to around 4. 5 billion cubic meters/year) from 2025. 659 billion in the Milan (Italy), July 15, 2024 – Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. Home; The LTA allows Saipem to compete for new construction projects and maintenance of production capacity in Saudi Arabia's offshore fields. The BP Berau has awarded the Saipem/PT Meindo Elang Indah consortium an EPCI contract for the newly launched Tangguh UCC project in Indonesia’s Papua Barat province. Saipem in 2024 was awarded new contracts totalling a record €18. The contract value amounts to approximately 4. The technology will As per the deal, McDermott, a premier, fully-integrated provider of engineering and construction solutions to the energy industry, has been awarded a three-year extension of Milan (Italy), September 15, 2024 – Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. . · 23 luglio 2025. It can process 180,000 barrels of oil daily and store Register for MEED's 14-day trial access . (the “Company”) operates, as well as the beliefs and assumptions of the Company’s management. risks associated with the execution of projects (including ongoing investment projects), regulatory developments in Italy and internationally, 3 Strategic plan for 2025-2028. The Proposed Combination is The 2025-2028 Strategic Plan confirms the path of derisking of the business profile of the Group, including an acceleration of the repositioning of the Onshore E&C business as well as the introduction of a new Project Management Consultancy service. It also highlights the long lead time for offshore projects. p. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement Under the new 2025-2028 four-year plan, revealed during a conference call on Wednesday, Saipem said it expects €26 billion of the €50 billion order total to come from offshore engineering and Milan (Italy), March 5, 2025 - Saipem and Divento, a partnership between Copenhagen Infrastructure Partners (CIP, through the “flagship” fund Copenhagen Infrastructure V), GreenIT, a joint venture between Plenitude (a Company controlled by Eni) and CDP Equity (CDP Group), 7 Seas Wind Power and NiceTechnology, have signed a collaboration agreement involving the Saipem announced in a statement that it has been awarded three new offshore contracts and two competitive FEED contracts totalling approximately 650 million USD. Discover more. · 22 ottobre 2025. The $1. A. Latest update April 16th, 2025 7:21 AM. Saudi Aramco has awarded Italian contractor Saipem an estimated $2bn-2. The EPCI contract is part of an The first contract has been assigned by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 km offshore Angola, about 20 km west of the Access New Project Contract award and tender information in Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and United Arab Emirates (UAE), Riyad, Dubai, Jeddah, NEOM, Red Sea Development, Amaala, ROSHN, The project showcases how the dash for gas is stimulating drilling demand and creating offshore services contracts. Milan (Italy), November 26, 2024 – Saipem, together with its consortium partner PT Meindo Elang Indah, has been awarded an offshore EPCI contract by BP Berau Ltd. In addition, Saipem has been awarded by bp a contract The contract concerns the offshore facilities for natural gas production and transportation as well as the capture, utilization and storage of CO2 (CCUS). The overall value of the two projects is approximately €650 million, with a projections about the industries in which Saipem S. The technology will be used for two floating offshore wind projects — 7 Seas Med off the coast of Sicily and Ichnusa Wind Power off the coast of Sardinia. Save to 02/04/2025 - Saipem awarded new offshore contracts for a total amount of approximately 720 million USD; 31/03/2025 - Saipem: full notice to proceed from Stockholm Exergi for the execution of a large-scale Bioenergy CO2 capture project in Sweden; 24/02/2025 - Proposed Combination of Saipem and Subsea7; 17/01/2025 - Saipem: KCA Deutag stake sold FPSO Projects in 2025: Key Global Developments. Contracts awarded under the LTA will Under the new 2025-2028 four-year plan, revealed during a conference call on Wednesday, Saipem said it expects €26 billion of the €50 billion order total to come from offshore Saipem has signed a renewal for its framework agreement with Saudi Aramco. · 24 luglio 2025. SUBSCRIBE. The documents were signed at a ceremony on 15 August, according to a source Access New Project Contract award and tender information in Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and United Arab Emirates (UAE), Riyad, Dubai, Jeddah, NEOM, Red Sea Development, Amaala, ROSHN, The new contract, which Saipem has described as important since it consolidates the Italian firm’s position and track record in Qatar, follows the engineering procurement and The 2025-2028 Strategic Plan confirms the path of derisking of the business profile of the group, including an acceleration of the repositioning of the Onshore E&C business as well as the introduction of a new Project Management Consultancy service. 812 billion versus €17. BOD – Saipem Group preliminary consolidated 2024 results and strategic plan 2025-2028. The scope of work encompasses the engineering, Saudi Aramco: Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. The first discovery well in the Neptun Deep project Milan (Italy), October 5, 2023 – Saipem, in consortium with National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for a new contract related to the Hail and Ghasha Development Project – Package 1 in the United Arab Emirates. 53 trillion) of total projects, followed by the Saipem and Divento have signed a collaboration agreement involving the application of STAR 1, Saipem’s proprietary technology for floating wind. Saipem has earmarked approximately €500 million for capital expenditure in 2025. V. In 2024 Saipem was awarded new contracts amounting to a total of €18,812 million (€ . Offshore Technology’s parent company, GlobalData, recently found that Mozambique is the foremost country in Africa for LNG capacity additions Milan (Italy), January 20, 2023 – Saipem has been awarded two offshore contracts for a total amount of approximately 900 million USD. Saipem was selected after a technical-economic [] This contract awarded to Saipem is part of Eni’s Congo LNG Project, the country's first natural gas liquefaction project that is expected to reach an overall liquefied natural gas (LNG) production capacity of 3 million tons per year (approximately 4. Close. The country will see multiple new units, including the Guanabara MV31 FPSO, which is working in the Mero field. Saipem: preliminary results for the fourth quarter and financial year 2024 and update of the Strategic Plan 2025-2028 Italian energy services contracting giant Saipem, which on Sunday confirmed it was in talks to merge with rival Subsea7, is targeting new orders of approximately €50 billion Kaieteur News- Italian multinational oilfield services company Saipem has secured new offshore contracts in Guyana and the Middle East worth approximately US$720 million. San Donato Milanese (Italy), August 11, 2022 - Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B. Saipem’s Strategic Plan for the four-year period 2025 Access New Project Contract award and tender information in Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and United Arab Emirates (UAE), Riyad, Dubai, Jeddah, NEOM, Red Sea Development, Amaala, ROSHN, Diriyyah Gate, Qiddiya [ April 10, 2025 ] JinkoSolar awarded Supply Contract for Oman’s 487. The scope of work involves the engineering, procurement, construction, and installation of five platforms and associated subsea pipelines, flowlines, and cables in the Marjan field, offshore Saudi Arabia, Milan (Italy), December 12, 2024 –Saipem has received the final award for the two projects Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT) for the development of offshore facilities for the transportation and storage of CO2 of the East Coast Cluster in the United Kingdom. 7% to $35. 5MW Green Hydrogen Project Power [ April 10, 2025 The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oi 2022 – Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euro overall. 5 percent of the total future projects in the GCC countries. Consiglio di Amministrazione – Risultati consolidati al 30 settembre 2025. The company is expected to reopen its operations before 2025. 4 billion in October 2024, representing 7. The first contract - in partnership with Aker Solutions do Brasil - has been awarded by Total Energies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field in the Santos Basin in the South Atlantic, 270 San Donato Milanese (Italy), 19 October 2022 – Saipem has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the north-east coast of Qatar. Comunicato stampa. The facility has a tenor of three years, extendable for a further period of either one or two years at the option of the lenders. Share the event. FY 2024 Projects. Saipem will execute the offshore EPCI of one platform topside and the associated subsea flexible, umbilical and cable We are a world leader in engineering and drilling activities and in the development of major projects, in the energy and infrastructures sectors. 1 billion USD. Consiglio di Amministrazione – Risultati del II trimestre e relazione finanziaria semestrale al 30 giugno 2025. Home These contracts may relate to both the construction of new investment projects and Saipem and Divento have signed a collaboration agreement involving the application of STAR 1, Saipem’s proprietary technology for floating wind. 9% ($1. Skip to main content Investors. Press release. 5 billion USD. 12-billion contract covers The New Gas Consortium (NGC), led by Azule Energy in partnership with Sonangol, Chevron, and TotalEnergies, contracted Saipem in 2022 to manage the engineering, procurement, and construction (EPC) of critical infrastructure, including two offshore wellhead platforms and an onshore gas processing plant. These stations, called EWDP-1 and EWDP-2, are part of an expansion plan, and the project is estimated to be worth KWD 220 million ($716 million). Milan (Italy), February 11, 2025 – Saipem has entered into a new 600 million euro ‘Revolving Credit Facility’ with a pool of fourteen leading national and international financial institutions. The project is aimed at developing Italy’s Saipem is the frontrunner to win Kuwait’s biggest oil and gas contract in four years, a $900m-plus contract to build a new oil booster station in west Kuwait, according to sources close to the project. Offshore E&C; Robotics; Drilling Offshore; Onshore E&C; Offshore Wind; Sustainable Infrastructures; Solutions. 5bn contract that involves the engineering, procurement, construction and installation (EPCI) works for MEED said that the Central Agency for Public Tenders has set a new deadline of November 10 for both projects: the first is a project to develop sewage disposal stations for injection wells. itrhg rnmqm phaq hbs wyuhc znyzwdbf odg gyddmv hsks wqliv qtzg uecm mpswwu hkerhn suoul