Saipem SpA engages in the provision of basic and detailed onshore engineering, procurement, project management, and construction services mainly to the oil and gas, complex civil and marine infrastructure, and environmental market sectors. The company is headquartered in Milan, Milano. The company supplies engineering, procurement, project management and construction services with the design and the execution of offshore and onshore projects. In addition, the Company also offers technologies for the gas monetization and heavy oil exploitation. The company is organized into five business units: Onshore Engineering & Construction, Offshore Engineering & Construction, Onshore Drilling, Offshore Drilling, and XSIGHT. The Engineering & Construction business unit operates both onshore and offshore. The offshore activities include platforms, marine terminals, pipelines and the development of deepwater fields. The onshore activities focus on the laying of pipelines and installation of plant, equipment and the floaters. The Drilling business unit carries out drilling programs in the onshore and offshore environments globally.
Follow-Up Questions
Who is the CEO of Saipem SpA?
Mr. Alessandro Puliti is the Chief Executive Officer of Saipem SpA, joining the firm since 2022.
What is the price performance of SAPMF stock?
The current price of SAPMF is $2.78, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Saipem SpA?
Saipem SpA belongs to Energy industry and the sector is Energy
What is Saipem SpA market cap?
Saipem SpA's current market cap is $5.5B
Is Saipem SpA a buy, sell, or hold?
According to wall street analysts, 20 analysts have made analyst ratings for Saipem SpA, including 7 strong buy, 8 buy, 5 hold, 0 sell, and 7 strong sell
