Saipem SpA engages in the engineering, drilling, and construction of projects in the energy and infrastructure sectors worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers offshore E&C products and services, including platforms, pipelines, undersea field developments, maintenance, modification, and operation activities. The company also designs and builds plants, pipelines, pumping stations, compressor stations, and terminals; and provides engineering, procurement, project management, and construction services primarily for the oil and gas, civic and maritime infrastructures, and environmental markets. In addition, it provides offshore and onshore drilling services; refining, synthesis gas and fertilizers, petrochemical, and renewables and green technologies; upstream and liquefied natural gas projects; high tech floaters; offshore full field developments; trunklines; and decommissioning services. In addition, the company offers infrastructure solutions, such as high-speed rails and railways; and develops and produces solar arrays, integrated bio-refineries, wind farms, geo-thermal energy, and waste-to-energy projects, as well as operates 9 fabrication yards and a sea fleet of 44 vessels. As of December 31, 2019, its offshore drilling fleet consisted of fifteen vessels, including six ultra-deep-water units, five high specification jack-ups, three standard jack-ups, and one barge tender rig; and onshore drilling rig fleet comprised 85 units. Saipem S.p.A. is headquartered in Milan, Italy.
Read More
