Craft
Saipem

Saipem

Backlog

€23.6 B

H1, 2021

Revenue

€6.9 B

FY, 2021

Market Capitalization

€1.2 B

2023-01-10

Saipem Summary

Company summary

Overview
Saipem is a global company engaged in engineering and drilling activities and in the development of major projects in the energy and infrastructure sectors. Its organizational model consists of Offshore Engineering & Construction, Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling businesses, and XSIGHT, dedicated to conceptual design. The company provides engineering, procurement, project management, construction, and drilling services primarily for the oil and gas, complex civil and marine infrastructure, and environmental markets. It also designs and constructs hydrocarbon and fertilizer production and treatment plants and manages projects in the natural gas liquefaction (LNG) sector.
Type
Public
Status
Active
Founded
1957
HQ
Milano, IT | view all locations
Website
http://www.saipem.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key people

  • Alessandro Puliti

    Alessandro Puliti, Chief Executive Officer and General Manager

    • Silvia Merlo

      Silvia Merlo, Chairman of the Board and Independent Director

    • Massimiliano Branchi

      Massimiliano Branchi, Chief People, Safety and Environment Officer

    • Marco Toninelli

      Marco Toninelli, Chief Operating Officer Asset Based Services

    Operating MetricsView all

    New Contracts Volume

    €4.4B
    9.0%

    H1, 2021

    Backlog

    €23.6B
    6.1%

    H1, 2021

    Offshore Wells

    72
    28.7%

    FY, 2020

    LocationsView all

    74 locations detected

    • Milano, Lombardia HQ

      Italy

      Via Luigi Russolo, 5

    • Houston, TX

      United States

      15950 Park Row

    • Algiers, Algiers Province

      Algeria

      Zehir Center-11 Chemin Doudou Mokhtar, BP 375 Ben Aknoun

    • Luanda, Luanda

      Angola

      Rua Rodrigo Miranda Henriques, 17 - Bairro Maculusso

    • Luanda, Luanda

      Angola

      Via AO1 S/N – Talatona Condominio Belas Business Park Edificio Namibe, 5.º Andar

    • Talatona, Luanda Province

      Angola

      Condomínio Belas Business Park - Edifício Namibe, 1º andar - Via S01

    and 68 others

    Saipem Financials

    Summary financials

    Revenue (Q2, 2022)
    €2.5B
    Gross profit (Q2, 2022)
    €2.8B
    Net income (Q2, 2022)
    (€32.0M)
    Cash (Q2, 2022)
    €1.7B
    EBIT (Q2, 2022)
    €79.0M
    Enterprise value
    $3.3B

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