Saipem doesn't mind being in deep water, extreme environments, and remote areas. The Milan-based firm provides construction and drilling services to oil and gas companies worldwide. It is organized into two major business units: Engineering and Construction (most of revenue) and Drilling. To help oil and gas companies with field development, it installs fixed platforms and floating production systems. Saipem is a leader in providing engineering, procurement, project management, and construction services with a preference for large-scale offshore and onshore projects. Its fleet of onshore drilling rigs numbers approximately 85 units. More than a-third of the company's total revenue comes from the Middle East. Saipem was established in 1957.
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EMPLOYEES (This Site)
- ASSETS (MIL USD) 13,319
REVENUE (MIL USD)
- TICKER SYMBOL SPM
- Year Started 1969
- Incorporated 1969
- FISCAL YEAR END DEC
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FRANCESCO CAIOManaging Director
ALESSANDRA FERONEMember of the Board of Directors
PIER FRANCESCO RAGNIMember of the Board of Directors