Saipem Spa (SAPMY) Exchange: PINK

Saipem S.p.A. operates as a turnkey contractor in the oil and gas industry worldwide. It offers engineering, procurement, project management, and construction services for offshore and onshore projects. The company is engaged in the construction of trunk lines, export pipelines, and infield flow lines, as well as pipe-in-pipe, bundles, tie-in, and riser systems for the transportation of oil, gas, and multi-phase products. It also develops subsea deepwater fields; provides subsea construction services, such as subsea field development, and remotely operated vehicles and remote intervention systems operations, as well as subsea inspection, maintenance, and repair; and installs offshore structures, including modular deck drilling and production platforms, well-head, and accommodation platforms. In addition, the company is involved in constructing marine terminals, conventional buoy moorings, jetties, and piers. Further, it provides integrated solutions for large upstream facilities, including oil and gas production, treatment and processing plants, pipeline systems, pumping and compressor stations, and marine terminals; and designs and constructs natural gas liquefaction and regasification facilities, onshore transportation systems, oil refineries, petrochemicals and gas monetization plants, power plants, harbors, and jetties, as well as offers integrated environmental and remediation technologies and services. Additionally, the company operates as a drilling contractor; and owns and operates a fleet of vessels, including construction, drilling, and floating production storage and offloading vessels, as well as yards. The company is headquartered in Milan, Italy.