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Saipem SpA (OTC Pink - Current Information:SAPMY)

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As of Oct 07
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Industrial Services
Oilfield Services/Equipment

Company Description

Saipem SpA engages in the engineering and construction and drilling sectors. It specializes in the oil and gas-related activities in remote areas and deep waters. It operates through the following business segments: Offshore Engineering & Construction; Onshore Engineering & Construction; Offshore Drilling; and Onshore Drilling. The Offshore Engineering & Construction segment includes platforms, pipelines, subsea field developments, MMO or Maintenance, Modification, and Operations activities, and the execution of large-scale offshore projects. The Onshore Engineering & Construction segment designs and constructs hydrocarbon production facilities, hydrocarbon treatment facilities, and large onshore treatment and transportation systems and facilities. The Offshore Drilling segment consists of a fleet of vessels for deep water, mid-water, high specifications jack-up, and standard jack-up operations. The Onshore Drilling segment comprises a fleet of drilling rigs for wells in Italy and abroad. The company was founded in 1957 and is headquartered in San Donato Milanese, Italy.

Contact Information

Saipem SpA
Via Martiri di Cefalonia, 67
San Donato Milanese Milan 20097
Investor Relations:
(902) 520-3465



Mutual fund holders--
Individual stakeholders--
Other institutional--

Top Executives

Stefano CaoCEO & Non-Independent Executive Director
Giuseppe CaselliChief Operating Officer
Alberto ChiariniChief Financial & Compliance Officer
Daslav BrkicHead-Business & Technology Development
Egidio PalliottoHead-Drilling Business Unit