saipem

Italian oilfield services company Saipem reported a 35% year-over-year increase in first quarter profits, driven by strong performance in its offshore and onshore engineering and construction segments, according to its…

Italian engineering and construction heavyweight Saipem has secured new offshore contracts in Guyana and the Middle East, totaling approximately $730 million. Among the notable clients is US energy supermajor ExxonMobil,…