Saipem SpA

Overview

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 that add value to its clients’ operations. 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 Milan, Italy.
Key Stats
Address
Via Martiri di Cefalonia, 67, SAN DONATO MILANESE, Italy
Headquarters

Italy

Contact

39 02 44231

No of Employees

31,634

Industry

Energy and Utilities

Ticker Symbol & Exchange​

SPM [BIT]

Revenue (2020)

$8,435 m

-17.3% (2020 vs 2019)
Net Income (2020)

$-1,295 m

-9742.6% (2020 vs 2019)
Net Profit Margin

-15 %

-11907.7% (2020 vs 2019)
Market Cap *

$2,424 m

EPS *

$-1.3

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Saipem SpAJohn Wood Group PlcSubsea 7 SA
Key Information
Headquarters Italy United Kingdom United Kingdom
Headquarter City SAN DONATO MILANESE ABERDEEN SUTTON
Headquarter State/Province - - -
No. of Employees 31,634 39,448 -
Entity Type Public Public Public

Products & Services

Saipem provides drilling, and engineering and construction services to oil and gas companies across the world. Key services offered by the company include the following:

Services
  • Offshore Drilling
  • Onshore Drilling
  • Construction of Pipelines
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Francesco Caio Chairman Executive Board 2021 - Mr. Francesco Caio has been the Chairman of the company. He also worked as Chief Executive Officer, General Manager and...
Antonio Paccioretti Chief Financial Officer Senior Management 2021 57 Mr. Antonio Paccioretti has been the Chief Financial Officer of the company since 2021. Prior to this, he worked as...
Maurizio Coratella Chief Operating Officer - Onshore Engineering and Construction Division Senior Management 2018 56 Mr. Maurizio Coratella has been the Chief Operating Officer of the Onshore Engineering and Construction Division of the company since...
Mauro Piasere Chief Operating Officer - XSIGHT; Director - Digital Innovation Senior Management - 54 Mr. Mauro Piasere has been the Chief Operating Officer of the new XSIGHT division and Digital Innovation Director of the...
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History

Year Event Description
2021 Contracts/Agreements In February, the company secured a contract from Eoliennes Offshore du Calvados for the Courseulles-sur-Mer…
2021 Contracts/Agreements In February, the company secured a US$1.7 billion worth contract from Qatargas to develop the…
2021 Contracts/Agreements In March, the company entered into a collaboration agreement with Elkem to evaluate new opportunities…
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Locations


Frigstad Discoverer Invest Ltd

Address

Craigmuir Chambers, Road Town
United Kingdom

Telephone

1 284 4942233

Website

www.frigstaddiscoverer.com
Saipem (Portugal) Comercio Maritimo S.U. Lda

Address

Rua Comboio, 5
Portugal

Telephone

1 291708230

Petrex SA

Address

Avenida Republica de Panama 3050, San Isidro, Lima
Peru

Telephone

51 1 2215050

Website

www.petrex.com.pe
Moss Maritime AS

Address

Vollsveien 17a, Lysaker
Norway

Telephone

47 67 526250

Website

www.mossww.com
Saipem Norge AS

Address

Vingveien 2, Sola
Norway

Telephone

47 516 49800

Petromar Lda

Address

Rua Rodrigo Miranda n.º 17, Luanda
Angola

Telephone

244 222 321600

Website

www.petromar.co.ao
ERS - Equipment Rental & Services BV

Address

Weena, 690 - Floor 26, Rotterdam
Netherlands

Telephone

31 10 2014600

Saipem Contracting Algerie SpA

Address

Chemin Poirson, Lotissement Ben Semaya, Bir Droudja, El Biar
Algeria

Telephone

213 21926001

Website

www.saipem.com

Deals

Number of Deals
Deal Value (US$ m)