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About 798 results for "saipem"

Eni production growth takes sting out of Saipem writedown

Oil and gas production is targeted to rise more than 7 percent this year, up from a previous 5 percent target, helped by output in Venezuela, Norway, the United States, Angola and Republic of Congo, and expectations of higher volumes in Libya. ... Yahoo! UK and Ireland, 4 weeks ago
SweetCrude Reports

Saipem Shares Drop After Unexpected Loss, Profit Target Cut

Saipem SpA, Italy's biggest oil and gas contractor, plunged in Milan trading after saying it will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings-target reduction. The company, controlled by Italian oil ...
 Bloomberg4 weeks ago Italy's Saipem Plans 8,800 Job Cuts After Profit Goals Cut  Bloomberg1 month ago Saipem, Koreans in $1.5bn Kuwait deal  SweetCrude Reports4 weeks ago 14:30Saipem to lay 9,000 workers off due to South Stream termination  UNIAN4 weeks ago
Business Recorder

Italy's Saipem tumbles on job cuts

Shares in Saipem were down more than 9 percent in early trading after the oil contractor slashed its guidance for the year late on Tuesday and axed 8,800 jobs as part of a restructuring plan. Some brokers expressed concern about the need for a ...
 Austin American Statesman4 weeks ago Oil contractor Saipem slashes guidance and jobs in turnaround effort  Business Recorder1 month ago Saipem slashes 2015 guidance, announces job cuts  Reuters Africa1 month ago UPDATE 2-Oil contractor Saipem slashes guidance and jobs in turnaround plan  Reuters Africa1 month ago

Reuters: Saipem hires Bain to draw up restructuring plan

Editor Italian oil contractor Saipem (OTCPK:SAPMY) is working with Bain & Co. to devise a restructuring plan to help it cut costs and counter falling oil prices that have sapped its order book and stretched its balance sheet, Reuters reports. ...
 Seeking Alpha1 month ago REUTERS - UPDATE 1-Saipem hires Bain to get in shape for cheaper oil  Namibia Press Agency1 month ago Saipem working with Bain on 'fit to 60' restructuring plan-sources  Reuters Africa1 month ago Saipem eyes restructure plan  SweetCrude Reports1 month ago
E&P Magazine

Saipem vessel leaving Russian waters after cancellation of Turkish Stream contract

MOSCOW. July 15 (Interfax) - The pipelay vessel of Italy's Saipem, Castoro Sei, along with its supply ships, has withdrawn from the Russian coast near Anapa and is returning to the Bulgarian port of Burgas, data from the global positioning system ...
 Interfax.com1 month ago Gazprom terminates €2bn pipeline construction contract with Saipem  Offshore Technology1 month ago Gazprom cancels first phase of Turkish Stream pipeline  SteelOrbis1 month ago Development Briefs For July 10  E&P Magazine1 month ago
Seeking Alpha

Italy's Eni sees refining, chemical margins expand

By MIKAEL HOLTER Bloomberg Eni SpA said second-quarter profit dropped 84% as its oil-and-gas contractor unit Saipem booked $1 billion in writedowns earlier this week after a plunge in crude prices. Adjusted net income declined to 139 million euros ...
 Hydrocarbon Processing4 weeks ago Eni Second-Quarter Profit Drops 84% as Saipem Reports Loss  La Repubblica4 weeks ago Eni Second-Quarter Profit Misses Estimates on Lower Crude Prices  Bloomberg4 weeks ago Eni - An Undervalued And Forgotten Dividend Jewel  Seeking Alpha2 weeks ago
Pipeline Magazine

US$1.57bn contract signed for Kuwait's Al Zour refinery

Kuwait has handed a consortium that includes Italian EPC firm Saipem, a US$1.57 billion order for work connected to its upcoming Al Zour oil refinery, according to Kuwait's official news agency, KUNA. Also included in the award from Kuwait ...
 Pipeline Magazine1 week ago Saipem consortium wins $1.57bn Kuwait contract  Trade Arabia2 weeks ago Saipem awarded $1.57bn Kuwait Al Zour contract  Arabianindustry.com2 weeks ago Saipem wins $1.57bn contract for Kuwait refinery  Arabianindustry.com2 weeks ago

Saipem submits lowest offer for Kuwait project

Saipem's consortium has submitted the lowest offer for EPC work on Kuwait's al-Zour refinery, making it the likely winner of the contract, a source familiar with the matter told Reuters on Thursday. The consortium has reportedly submitted an ...
 Arabianindustry.com2 weeks ago Saipem lowest bidder for Kuwaiti refinery work  Trade Arabia3 weeks ago
Bidness Etc

Petroleo Brasileiro Petrobras SA (ADR) - What's Latest?

Brazilian prosecutors implicated an Italian oil service provider, Saipem SpA (ADR) ( OTCMKTS:SAPMY ) for corruption scheme with Brazilian state oil company, Petroleo Brasileiro Petrobras SA (ADR) ( NYSE:PBR ). The authorities believe that the ...
 Bidness Etc3 weeks ago

Saipem Cuts 8,800 Jobs Amid Pricing Trouble

The downturn in global oil prices continued to weigh on already stressed Italian energy firm Saipem, which announced that they will likely cut its workforce by about 8,800 over the next two years. The announcement comes after the Italian company, ...
 Forbes.com4 weeks ago Offshore Contractor Saipem to Cut 8,800 Staff After Unexpected Loss  GCaptain4 weeks ago Saipem to cut 8,800 jobs  Splash 2474 weeks ago SAIPEM : ++ Italian oil firm Saipem to cut 8,800 jobs by 2017 ++  4 Traders1 month ago
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