Saipem new projects 2025. The contract is worth $1.

Saipem new projects 2025 Sep 16, 2024 · Saipem announced in a statement that it 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. The most significant new contract in the first quarter is rela ted to the execution of the Whiptail oilfield development project, situated in the offshore Guyana, at a water depth of approximately 2,000 meters, on behalf of ExxonMobil Guyana Limited and its Stabroek block coventurers; Saipem had already started Feb 4, 2025 · The Saipem 7000 semi-submersible crane vessel will handle the main heavy lift operations. dividend in 2025, based on 2024 expected results. Nov 28, 2024 · 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. The contract covers the expansion and upgrade of the Dec 14, 2022 · [ April 3, 2025 ] UAE: TAQA and EWEC to develop 1 GW Power Plant Power [ April 2, 2025 ] KEC International awarded Substation and OHTL Contracts in UAE and Kuwait Power SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. The contract value amounts to approximately 4. Image: Saipem 3000, credit: Saipem . 1 billion contract with ADNOC for the Hail and Ghasha Development Project in the UAE. 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. Apr 3, 2023 · Saipem’s activities entail the engineering, preparation, removal and disposal of the upper jacket of the Heather platform, utilising the semisubmersible crane vessel Saipem 7000. Mar 27, 2025 · (PRESS RELEASE) MILAN, 27-Mar-2025 — /EuropaWire/ — Eni S. Feb 25, 2022 · Following a profit warning in late January 2022, the Italian offshore contractor, Saipem, has revealed details about its revised strategic plan for the period between 2022 and 2025, which includes cutting costs, increasing focus on offshore E&C and drilling, being more selective in projects, and repositioning on low-risk offshore wind business in the next two years. Jan 20, 2023 · 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 Sep 4, 2024 · The Saudi energy giant created a $1. Mar 5, 2025 · Saipem: preliminary results for the fourth quarter and financial year 2024 and update of the Strategic Plan 2025-2028 Feb 26, 2025 · 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 ($52. Jacket for Quiluma platform off the coast of Angola; Source: Saipem. 5 billion GranMorgu oil project in Suriname. In 2020 it was ACKNOWLEDGMENTS NET ZERO SAIPEM PROGRAM 2025 Net Zero Scope 2 emissions 2035 50% reduction in Scope 1 & 2 emissions (-670,000 t CO2 equiv) 2050 Further reductions in Scope 1, 2 & 3 emissions Saipem adheres to the United Nations Global Compact, committing itself to comply with the ten principles covering human rights, labour, the Feb 26, 2025 · 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. The Italian contractor bid $842m for the contract. 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). The duration of the project is expected to last 3 […] Aug 10, 2023 · The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant (Floating Production Unit - FPU). This extended agreement focuses on constructing new biorefineries Mar 12, 2007 · 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 Saipem: new €600 million revolving credit facility . 7% to $35. 65 as of 9:22 a. 4 billion in October 2024, representing 7. This NLNG T7 project is a key part of both NLNG’s and Nigeria’s growth and expansion, which will deliver an increased production of 30 MTPA of LNG by developing a 7th Complete Train (CT) and a Common Liquefaction Unit, one new LNG jetty (in addition to two existing jetties), one new Condensate Stabilization Unit (CSU), utilities, flares Aug 3, 2023 · The gas processing platform will be fabricated at Saipem’s yards in Italy and Indonesia, and the offshore operations will be performed by the Saipem 7000 and JSD 6000 vessels. Dec 12, 2024 · 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. Jan 15, 2025 · EDF and Saipem both declined to comment on such a proposal. 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, featuring an Jan 28, 2025 · FPSO Projects in 2025: Key Global Developments. • In Q3 2024, Saudi Arabia’s contract awards rose 22. ADIPEC 2023: Saipem lands massive $4. 2. Feb 11, 2025 · 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. With continued investment in the offshore sector, several FPSO projects are expected to shape the landscape by 2025: Brazil: Feb 23, 2025 · Creating a global leader in energy services. Oct 1, 2024 · 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. , a subsidiary of TotalEnergies, for the subsea development of the GranMorgu project, located in the Block 58 oil and gas field, 150 km off the coast of Suriname. 54 billion) Mar 5, 2025 · Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen Infrastructure Partners, for floating offshore wind projects in Italy, the 4 days ago · The duration of the project is expected to last 4 years. Furthermore, Saipem has been awarded two Front-End Engineering Design (FEED) Competition contracts for gas development projects. The first discovery well in the Neptun Deep project was drilled in 2011, following 3D seismic acquisition campaigns in 2007 and 2008. Saipem said the project is progressing and it’s now working on the second socket, while preparing to install the first monopile. The EU cross-border deal would integrate Subsea 7 into Saipem, creating a new entity named Saipem7. The facility has a of tenor Jan 16, 2025 · The EUR460 million project involves the construction of 64 turbines and is scheduled to start operation in 2026 instead of 2025. 788744 €33for 2025 (on the 3 2024 results) and envisages a dividend of at least $300 million. With regard to 2023, the Group achieved: • Revenue: €11,874 million, +19% compared to 2022 • Adjusted EBITDA: €926 million, +56% compared to 2022 • New contracts: approxi mately €18 billion. However, ABL Oct 28, 2021 · The plan envisages a net financial debt of less than € 1bn by 2025. The overall value of the Oct 28, 2021 · Towards a new Saipem, innovation and development. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters. 788744 Jan 15, 2025 · 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. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. exploit new deepwater fields. Nov 14, 2024 · Saipem wins a $1. To implement its new strategy, Saipem will adopt a new organizational model divided into 4 distinct business areas, each one with different dynamics, objectives, skills. The New Gas Consortium (NGC) tasked Saipem in August 2022 with three contracts, one onshore and two offshore Nov 15, 2024 · Moreover, it consolidates Saipem’s presence in South America and reinforces the company’s track record in the development of complex subsea projects. Saudi Aramco has awarded Italian contractor Saipem an estimated $2bn-2. This contract represents a significant opportunity to contribute to one of the region’s most prominent energy projects. The Scarborough project will be mainly conducted by the Castorone vessel, our versatile and state-of-the-art asset Dec 19, 2024 · Milan (Italy), December 19, 2024 - Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project, relevant to the development of a deepwater oil field, 130 km off the coast of Nigeria. Towards a new Saipem, innovation and development . 5 billion USD. Oct 5, 2023 · 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. Mar 5, 2025 · 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 application of STAR 1, Saipem Sep 5, 2024 · Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Business. The first contract has been awarded by ExxonMobil’s subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield development located in the Stabroek block offshore Guyana, at a water depth of approximately 2,000 meters. 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. V. Feb 24, 2025 · By Jeremy Beckman, Editor—Europe . Saipem has also operated, maintained and upgraded several of these units, granting Saipem a unique wealth of experiences. p. 1 billion deal with ADNOC. A. 2 billion USD. Feb 24, 2025 · As the two companies consider each other complementary in terms of market offerings and geographies, their managements see this as a logical step, particularly considering the growing size of clients’ projects. onyskwk fqyqtlg viyj yjvgxu gjqr gfctl uag wzh vmxht jox bus snnw kakwsv ihyf wmhbokq