Saipem SpA - Company Profile

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Saipem SpA (Saipem) is an engineering, procurement, construction (EPC) contractor. It offers integrated basic design, pre-front end engineering design (FEED), management of complex projects, from design to decommissioning in extreme environments including remote areas and deep waters. It serves energy and infrastructure sectors. The company offers drilling services to oil and gas upstream companies. It also offers consulting services to clients in relation to installation and decommissioning of land and sub-sea structures. Its fleet includes drilling rigs, construction vessels, floating production and storage offloading vessels. It has operational presence in Europe, Americas, Africa, the Middle East, Far East and Oceania, Commonwealth of Independent States, and Asia. Saipem is headquartered in Milano, Italy.

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Headquarters Italy

Address Via Luigi Russolo, 5, Milano, 20138


Telephone 39 02 44231

Industry Energy and Utilities

Ticker Symbol & Exchange SPM (BIT)

Revenue (2022) $12.9B 19.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 185.6% (2022 vs 2021)

Market Cap* $5.1B

Net Profit Margin (2022) XYZ 171.8% (2022 vs 2021)

   

* As of and is in US$
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Saipem SpA premium industry data and analytics

20+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Saipem SpA.

1

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

1

Energy Storage Projects

Understand the energy storage landscape for Saipem SpA, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Saipem SpA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Saipem SpA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Offshore Drilling
Onshore Drilling
Construction of Pipelines
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Others In March, the company announced the shipment of the first three modules from Indonesia to Qatar.
2024 Contracts/Agreements In March, the company and Fincantieri entered into a memorandum of understanding to explore opportunities for cooperation in autonomous subsea vehicles and their integration with surface and underwater units.
2023 Contracts/Agreements In December, the company signed a memorandum of understanding with Valmet to form decarbonization solutions.
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Competitor Comparison

Key Parameters Saipem SpA Subsea 7 SA John Wood Group Plc Aker Solutions ASA Petrofac Ltd
Headquarters Italy United Kingdom United Kingdom Norway United Kingdom
City Milano Sutton Aberdeen Lysaker Saint Helier
State/Province - England Scotland - Jersey
No. of Employees - 1 32,072 11,473 7,950
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Silvia Merlo Chairman Executive Board - -
Alessandro Puliti General Manager; Chief Executive Officer; Director Executive Board 2022 60
Mauro Piasere Chief Operating Officer - Robotics and Industrialized Solutions Senior Management - 56
Marco Toninelli Chief Operating Officer - Asset Based Services Senior Management 2016 63
Paolo Calcagnini Chief Financial Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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