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Saipem revenue decreased from €9.1 billion in 2019 to €7.3 billion in 2020, a (19.3%) decrease.

Annual Revenue ()

Saipem revenue was €7.34 b in FY, 2020 which is a (19.3%) year over year decrease from the previous period.

FY, 2018FY, 2019FY, 2020
Revenue€8.53 b€9.1 b€7.34 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Saipem revenue breakdown by business segment: 5.7% from Onshore Drilling, 37.4% from Offshore Engineering & Construction, 52.9% from Onshore Engineering & Construction and 4.0% from Other

Saipem revenue breakdown by geographic segment: 5.7% from Italy, 6.7% from Rest of Europe, 7.3% from CIS, 34.3% from Middle East, 12.0% from Far East, 5.1% from North Africa, 22.9% from West Africa and Rest of Africa and 5.9% from Americas

FY, 2020FY, 2019FY, 2018
Onshore Engineering & Construction3.88 b4.17 b2.94 b
Floaters765 m
Offshore Engineering & Construction2.75 b3.84 b3.85 b
Offshore Drilling294 m555 m465 m
Onshore Drilling417 m538 m501 m
FY, 2020FY, 2019FY, 2018
Americas433 m686 m519 m
West Africa and Rest of Africa1.68 b1.47 b1.95 b
North Africa377 m1.25 b1.09 b
Far East880 m808 m501 m
Middle East2.52 b3.14 b2.89 b
CIS539 m981 m752 m
Rest of Europe493 m404 m467 m
Italy419 m366 m354 m

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