Saipem S.p.A.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alessandro Puliti
- Full Time Employees
- 30,000
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- Via Luigi Russolo, 5 Milan MI Italy 20138
- IPO Date
- Oct 15, 2010
- Website
- saipem.com
- Similar Companies
- Business
- Saipem S.p.A. engages in engineering, procurement, construction, and installation services primarily for energy and infrastructure projects; it provides offshore and onshore E&C, drilling, and specialized subsea capabilities along with green energy and industrial solutions; the company operates globally with a focus on the oil and gas sector, but also expands into renewables and sustainable infrastructure. Saipem is headquartered in San Donato Milanese, Italy, and is listed on overseas markets with the ticker SAPMY; the company’s founding date traces to its origin in Italy in the 1950s, and it maintains a broad international footprint across Europe, the Middle East, Africa, the Americas, and Asia-Pacific. Saipem’s product and service portfolio includes Offshore E&C (LNG facilities, pipelines, subsea systems, SURF), Onshore E&C (refineries, gas processing, chemical plants, pipelines), Offshore Drilling (rig-based services and offshore well operations), and Energy Carriers (LNG, regasification, and transportation solutions); it also sells and implements CO2 solutions, green hydrogen and ammonia projects, biorefineries, renewable energy (wind, solar, geothermal), waste-to-energy, and related green technologies, as well as associated operations and maintenance services and high-end monitoring for infrastructure. In addition, Saipem offers robotics and subsea factory technologies, underwater robotics, and advanced monitoring for safety and efficiency across projects, together with high-value services for infrastructure monitoring and lifecycle support. Recent major company changes include strategic partnerships and long-term agreements with oil majors and national oil companies, multiple high-value EPCI and pipeline awards in 2025–2026 across QatarEnergy, Saudi Aramco, and Turkish Petroleum, renewed or expanded offshore wind and renewables engagements such as Dogger Bank, and corporate updates reflecting portfolio diversification toward sustainable infrastructure and green energy solutions; the company reports substantial backlog and revenue targets aligned with this expanded scope while continuing to optimize operations and geographic reach. Saipem’s geographic operations span Europe, the Middle East, Africa, the Americas, and Asia-Pacific, with headquarters in Italy and a listed presence on international exchanges, and subsidiaries and project-specific entities support execution across its global project slate. The company’s industry focus includes energy transition, offshore and onshore oil & gas construction, subsea engineering, and integrated energy solutions, serving oil and gas producers, electricity and energy utilities, industrial users, and government-backed energy projects. The latest developments emphasize enhanced LNG and regasification capabilities, expanded renewable energy deployments, and ongoing large-scale offshore infrastructure contracts, reflecting Saipem’s strategic pivot toward integrated energy infrastructure and decarbonization technologies. [cite ][cite ][cite ][cite ][cite ]
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