Saipem S.p.A. (SPEA)

Overview

Saipem SpA is a global leader in the provision of energy and infrastructure solutions, with operations spanning across the world. The company is structured into five primary divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. Saipem is known for its comprehensive services that encompass engineering, construction, installation, maintenance, modification, and decommissioning of complex projects. It has a particular focus on platforms, pipelines, subsea fields, and the development of marine wind farms and energy integration projects. Headquartered in Milan, Italy, Saipem operates with a significant fleet for offshore drilling, fabrication yards, and a wide range of vessels and onshore drilling units.

Products and Services

• Offshore Engineering & Construction (E&C):

  Focuses on the engineering, construction, and installation of offshore platforms and pipelines. This division also covers subsea field activities, aiming to provide solutions for the maintenance, modification, operation, and decommissioning of offshore structures.

• Onshore Engineering & Construction:

  Delivers engineering and construction services for a range of onshore projects. This includes LNG and regasification plants, refining and petrochemical complexes, fertilizers units, gas and oil processing stations, pipelines, and other infrastructural projects related to the energy sector.

• Offshore Drilling:

  Provides offshore drilling services using a fleet that consists of ultra-deep-water units, high specification jack-ups, and standard jack-ups. This service is vital for exploring and extracting oil and gas resources from beneath the seabed in various water depths.

• Onshore Drilling:

  Offers drilling services on land across various geographical areas and conditions, utilizing a comprehensive fleet of onshore drilling rigs. This service is crucial for the exploration, development, and extraction of hydrocarbons from onshore reserves.

• XSIGHT:

  Designed to focus on innovative projects, XSIGHT division specializes in the development of marine wind farms, energy integration projects, and advanced solutions in renewables, biotechnologies, CO2 capture, storage, hydrogen production, and transportation. It represents Saipem's commitment to sustainable energy development.

• Procurement, Project Management, Construction, and Engineering:

  These integrated services support the entire lifecycle of energy industry markets and public infrastructure projects. They include sourcing materials, managing projects from start to finish, executing construction activities, and providing comprehensive engineering expertise.