Saipem S.p.A.
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Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea f...
Latest News
3 months ago · seekingalpha.com
Saipem SpA (SAPMY) Q2 2026 Earnings Call TranscriptSaipem SpA (SAPMY) Q2 2026 Earnings Call Transcript
3 months ago · reuters.com
Italy's Saipem cuts 2026 earnings guidance on Middle East crisisItalian oil and gas contractor Saipem on Monday revised down its expectations for 2026 core earnings to take into account extra costs linked to the Middle East crisis.
3 months ago · reuters.com
Saipem, Subsea 7 deal may lead to price hikes, EU antitrust regulators warnItalian energy contractor Saipem's merger with Norwegian peer Subsea 7 may lead to price hikes and less innovation, EU antitrust regulators warned on Wednesday as they opened a full-scale investigation.
3 months ago · reuters.com
Turkey's competition authority approves Saipem's merger with Subsea7Turkey's competition authority has approved the merger between Italian energy contractor Saipem and its Norwegian rival Subsea7 , an update published on the authority's website showed.
4 months ago · reuters.com
Saipem, Subsea 7 deal faces EU antitrust investigation, sources sayEU antitrust regulators are set to open a full-scale investigation into Saipem's merger with Norwegian peer Subsea 7 because of competition concerns, people with direct knowledge of the matter said.
4 months ago · reuters.com
Australia orders in-depth review of Exxon-opposed Subsea7-Saipem mergerAn Australian watchdog said on Friday the proposed merger between energy contractors Subsea7 and Saipem will proceed to a Phase 2 review, citing concerns that a deal could trim competition in domestic offshore oil and gas projects.
4 months ago · reuters.com
Saipem to sell Saudi shallow-water drilling business to ADES for $285 mlnItalian energy contractor Saipem has agreed to sell its shallow-water offshore drilling business in Saudi Arabia in a deal worth $285 million, the company said on Wednesday.
4 months ago · reuters.com
Brazil antitrust agency approves Subsea7-Saipem merger without restrictionsThe general superintendence of Brazil's antitrust watchdog CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document seen by Reuters showed on Tuesday.
4 months ago · seekingalpha.com
Saipem: Guidance Likely Stays Affirmed Into Next Quarter Despite HormuzSaipem SpA maintains constructive guidance, with project delivery in the Middle East largely unaffected and payment flows stable despite regional disruptions. SAPMF's margin profile continues to improve as legacy backlog is digested, though lease expenses and D&A from a growing fleet weigh on EBIT. The upcoming 50:50 merger with Subsea 7 undervalues SAPMF, but it's still going to end up cheaper than FTI.
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