Saipem Wins $1 Billion Greater PAJ Offshore Contract
23, June 2026
Saipem has secured a $1 billion contract from Azule Energy for transportation and installation work on the Greater PAJ development offshore Angola.
deepwater development
Asia’s Largest Cylindrical FPSO Construction Starts in Qingdao
10, March 2026
Construction started in Qingdao on the cylindrical FPSO for the Kaipingnan Oilfield Development Project, with capacity figures including more than 170,000 t full-load displacement and 122,000 cubic meters of storage.
Saipem Secures ExxonMobil Authorization for Hammerhead Offshore Project in Guyana
29, September 2025
Saipem has received authorization from ExxonMobil Guyana to execute the Hammerhead offshore project, marking its sixth major contract in the country’s Stabroek Block.
