Saipem Sends BGUP Module to Libya’s Bouri Field
13, May 2026
Saipem has shipped the Bouri Gas Recovery Module from Italy to Libya for deployment at the offshore Bouri field under the BGUP development.
Saipem
Bouri Gas Modules Sail for Libya Offshore Installation
7, May 2026
Modules for the Bouri Gas Utilization Project have left Italy for offshore installation in Libya, closing the onshore construction phase.
Saipem Wins ExxonMobil Guyana Subsea Contract
22, April 2026
Saipem secured a $150 million LNTP contract from ExxonMobil Guyana for the Longtail subsea project, with full scope potentially reaching $1.5 billion.
Saipem Lands $400 Million Safaniya Offshore Scope
16, April 2026
Saipem has secured about $400 million in offshore work from Aramco in Saudi Arabia, covering water injection facilities, pipeline, cables and subsea scope at the Safaniya field.
Aker BP Secures North Sea Drilling Consent
28, March 2026
Aker BP has received approval for an exploration well and a pilot hole in the North Sea, with Saipem’s Scarabeo 8 set to carry out both drilling operations.
Seaway7 Chief Stuart Fitzgerald to Lead Subsea7 from 1 July
4, March 2026
Subsea7 CEO John Evans exits on 30 June after 40 years with the group; Seaway7 head Stuart Fitzgerald steps in on 1 July and is also proposed for the Saipem7 set-up if the deal completes.
Subsea7 Raises EBITDA as Saipem Merger Nears
26, February 2026
Subsea7 lifted Q4 2025 adjusted EBITDA to $477 million and proposed a Nkr13 dividend while maintaining 2026 guidance. The Saipem merger still targets completion in H2 2026 pending approvals.
Saipem Brings AI Predictive Maintenance to Saipem 12000
24, February 2026
Saipem has deployed an AI predictive maintenance system on Saipem 12000 and is advancing a similar project on Saipem 7000 targeting diesel generators to support offshore safety and efficiency.
Saipem Wins $500 Million Safaniyah Expansion Award
24, February 2026
Saipem won a $500 million Aramco award for Safaniyah expansion, covering EPCI of a 48-inch (122 centimetre) trunkline—65 km (65,000 m) offshore and 12 km (12,000 m) onshore—plus subsea facilities.
