sign in sign up
<<
Home , Benchmark (crude oil), Offshore (hydrocarbons), Saipem, Saipem 7000

SAIPEM AT A GLANCE “More than 60 years of history and leadership WHO WE ARE in energy and infrastructures have made a reference point, a global solution provider that is addressing the great changes a Global taking place worldwide with cutting-edge technologies and far- reaching sustainable Solution Provider business models protecting the environment and valuing people. We are leaders in and drilling activities, and in the completion of great projects In the age of the energy transition, Saipem in the energy and infrastructure sectors. can provide new solutions and more effective A company with distinctive skills and competences business models, with greater flexibility in and high-tech assets, capable of identifying decision making: a reliable partner for clients and developing multiple solutions to satisfy that innovates and creates value throughout clients’ needs. the entire project life cycle. Listed on the Stock Exchange, Thanks to its creative intelligence, the high we are present in 72 countries worldwide level of competence of its people and its ability and we have more than 34,000 employees to design and build extraordinary works in of 122 different nationalities. challenging environments, Saipem is a virtuous model of Italian excellence able to seize, manage and consolidate opportunities in every corner of the planet. We are a “One Company” organized in five business divisions. Today Saipem has what it takes to promote the energy of the future and infrastructure XSIGHT Conceptual Design development worldwide, as described in the following pages.” E&C Engineering & Stefano Cao CEO ONSHORE E&C Engineering & Construction

ONSHORE Drilling

GLOBAL SOLUTION MAIN NUMBERS PROVIDER

WE ARE AN INTERNATIONAL We offer tailor-made PLAYER IN THE ENERGY solutions 34,200 122 INDUSTRY AND EMPLOYEES 2019 DIFFERENT INFRASTRUCTURES We support our clients NATIONALITIES throughout the entire project We possess unique engineering cycle - from identifying skills with high added value for needs to decommissioning, managing complex projects. employing all our professional 72 9 expertise to operate in the COUNTRIES IN WHICH FABRICATION most challenging contexts. WE OPERATE YARDS

We ANTICIPATE We have a sense the energy transition of responsibility We have launched the The health and safety of people € 9.1 bln €336 mln challenge in the gas value and operations, attention REVENUES INVESTMENTS chain and infrastructures to environmental impact 2019 2019 sectors, renewable energy and collaboration with local and the creation of hybrid stakeholders are our priorities. and clean plants. €10 bln €20 bln REVENUES New contracts GUIDANCE 2020 awarded in 2019

€25 bln 2,720 BACKLOG AT 2019 ACTIVE YEAR END PATENTS

18 €79 mln NEW PATENTS INVESTED FILED IN 2019 IN INNOVATION 2019 WHAT DRIVES US OUR VALUES OUR MISSION What we believe IN Saipem’s commitments Creative intelligence Care for people To complete extraordinary & planet Ingenuity, intelligent flexibility projects by pushing beyond and innovative approach: A sincere commitment the frontiers of innovation, our keys to anticipating to protecting the health opening the way for our clients global change, overcoming and safety of our employees to the energy of the future. every challenge. and our natural habitat.

StrivING for trust Enhancement OUR VISION of cultural identitIES A total dedication What we aspire to be to reliability towards Diversity is our unique value. our clients and partners. Cross fertilization consistently To be the company nurtures our corporate growth. for clients looking for extraordinary sustainable solutions. EXTRAORDINARY IS OUR CHOICE

Saipem makes great things happen With proven capabilities and a hands-on, co-operative and consistently innovative approach, Saipem builds long-term relationships, maintains intellectual and operational flexibility, and succeeds where others can’t.

Engineering the extraordinary There are many companies which can develop standard projects, where the work is simple and predictable. But Saipem operates in a context of breathtaking complexity, in areas of the world that are technically and logistically challenging. There is nothing obvious in our business. OUR 01. PILLARS SUSTAINABLE BUSINESS Integrity, honesty, respect, inclusion, traNsparency and fairness. In 2016 Saipem joined Our business principles. the UN Global Compact, truly committed to making this initiative and its principles an integral part As a global solution provider, The creation of employment of Company’s business strategy, leader in the transition opportunities, a robust day-to-day operations to a more sustainable use capacity-building effort and organizational culture. of resources, Saipem invests in the local socio-economic in competences, innovation context and the transfer and environmentally sound of know-how to local workers technologies, building are the most important UNGC on a strong track record. legacies Saipem leaves ADHERES TO THE UN GLOBAL COMPACT It cooperates with its in the countries in which stakeholders in the protection it operates. of the environment and FTSE4GOOD ecosystems and contributes Sustainable business for INCLUDED IN THE FTSE4GOOD SERIES INDEX to the fight against climate Saipem is based on integrity, change. honesty, respect, inclusion, DOW JONES transparency and fairness. 2018 MEMBER OF DOW JONES SUSTAINABILITY INDEX The Company’s sustainable Saipem considers diversity business strategy aims a source of enrichment to meet the needs and and added value. GOLD CLASS MEDAL 2018 ROBECOSAM SUSTAINABILITY YEARBOOK the expectations of its stakeholders, tackling The Company has a strong the challenges posed commitment to protecting by the evolution of global and promoting Human and scenarios and improving the Labour Rights, as demonstrated standards of living and the by its responsibility towards socio-economic development its people as well as by the of the communities in which attention it places on having an Saipem operates. ethical and reliable supply chain. OUR 02. OUR JOURNEY TO A SAFER PILLARS HEALTH & SAFETY AND BETTER FUTURE, WHERE:

Health, safety RESPECT AND WELL and environmental BEING OF PEOPLE culture. COME FIRST Everyone embraces Enhancing the efficiency the same passion for life, of its operations and becoming safety and health regardless a key partner for our clients of position and hierarchy. in their energy transition Saipem is a community. is part of Saipem’s business objectives. KNOWLEDGE Our commitment towards AND COMPETENCES climate change is also ARE SHARED reflected in its Quadrennial Everyone masters their job, Green House Gas Strategic cooperating to build a clean, Plan whose identified actions efficient and safe working will result in a significant environment for all. reduction in Saipem’s GHG Saipem is a safe work place. emissions in the coming years. TRUST AND COLLABORATION ARE VALUED Everyone works in harmony, is aware of hazards and communicates clearly and transparently. Saipem is a team.

TECHNOLOGY AND INNOVATION ARE KEYS TO SUCCESS Everyone is proud of working for an extraordinary and safe company. Saipem is the future. OUR 03. PILLARS INNOVATION

“Enabling the industry to meet the global energy demand in a sustainable way is the main power of our innovation”

Technology innovation has develop novel solutions always been one of Saipem’s reflecting the changing strongest strategic pillars over macro-scenarios, especially the last 60 years. Nowadays the energy scenario. Actually, the Energy industry needs to Technology Innovation is sharply renew its focus in order one of the key levers to drive to cope both with immediate Saipem towards the target of and future challenges. Saipem a progressive and effective puts itself in this framework to energy decarbonization. play its role as an innovative Global Solution Provider, by Our Innovation model is keeping Innovation as the main encompassing two dimensions: pillar of its strategic plan. first, ‘evolutionary’, aiming at efficiency improvement, the Consequently, our Innovation second one ‘disruptive’ to drive model is a synthesis between Saipem through the future. In the urgency to implement the latter respect, we leverage concrete solutions, mostly on our ‘Innovation Factory’, driven by current commercial Saipem’s idea incubator. projects, and the need to

9technology innovation centRES IN 6 DIFFERENT COUNTRIES OUR MAIN INNOVATION TARGETS ARE:

further exploitation of gas to sustain the energy transition (i.e. LNG, Urea);

gradual transfer of offshore surface production facilities to the seabed and underwater life-of-field solutions;

carbon-neutral operations and green technologies throughout the entire onshore EPC value chain;

new business segment portfolio in E&C as offshore wind farms;

innovative low-carbon solutions for clients, including renewable energy,

as floating wind, ocean energy, CO2 management and circular economy;

Digital Transformation. One company, multiple solutions

A global forward thinker

OFFSHORE E&C Ruling the world of the sea

OnSHORE E&C Enabling the world energy transition

OFFSHORE DRILLINg Raising the standard of drilling operations

OnSHORE DRILLINg Raising the standard of drilling operations Artistic view OUR of the FOD project. DIVISIONS A global forward thinker

We anticipate market challenges, we seize opportunity. We drive change, setting new standards.

Adding value to our clients from early phases of project definition: bankable feasibility studies (Conceive), basic design (Architect), pre/feed (Develop) and services for life cycle extension (Enhance)

Offering a wide range of premium services, including financial advisory and engagement with funding institutions, to provide tailor-made solutions to our clients, leveraging on our international network

Covering all products of the energy industry: Oil&Gas upstream, mid and downstream in an integrated way with green and renewable technologies

Deploying innovative solutions that fully exploit the advantages offered by digitalization, cloud computing and data analytics

KEY PROJECTS

PETROCHEMICAL • PMC services for advanced oil SYNGAS & FERTILIZER Mejillones Fields, Petrolera RN Ltd., • TPC complex expansion study, refining unit, , • Concept study for a new fertilizer Venezuela (under execution) Tabriz Petrochemical Company, Iran • FEED for fuel oil destruction project complex, OTEKO, Russia • FEED for Ca Voi Xanh (Blue Whale), REFINERY phase 1, Raffineria di Milazzo, UPSTREAM & LNG ExxonMobil, Vietnam (under RENEWABLES & GREEN execution) • Process design package for slurry TECHNOLOGIES • Conceptual engineering for Patao • Study and FEED for Bahia Blanca residue hydrocraking units in & Mejillones fields, Petrolera RN fractionation plant/NGL pipeline Maoming & Zhejiang refineries, , • Feasibility study for waste to fuel Ltd., Venezuela expansion capacity, Compañía China plants, Syndial, Italy • Pre-FEED engineering for Patao & Mega, Argentina (under execution) • Detailed design for the • KiteGen 3MW prototype building modernization of the Talara development, Italy refinery, Cobra, Peru • CO2 capture and storage (under execution) technology comparison study Saipem FDS 2, OUR OFFSHORE Field Development Ship. DIVISIONS E&C Ruling the world of the sea

We are a leading offshore global solution provider. Water for us has no limits, from early engagement to end of asset life, through technology, innovation and management of distinctive assets.

Strategic Markets: Subsea Field Development (Deepwater, Tie-Backs, Life of Field) Conventional Field Development (Fixed Platforms and Facilities) Pipelines/Trunklines Diversification: Marine Renewables (Offshore Windfarms) Decommissioning Maintenance Modifications Operations (MMO) Technology and Innovation: Capex Efficiency Technologies (All Electric, SPRINGS, Subsea Separations, Long Tie-Backs) Execution Efficiency Technologies (Plasma Welding, Laser Welding) Opex Efficiency Technologies (Robotics, Hydrone, Emergency Intervention)

KEY PROJECTS KEY ASSETS

PIPELINES/TRUNKLINES VESSELS • Egina, Total, • , Nord Stream B.V., • Kizomba, ExxonMobil, Angola Conventional Marine Renewables Subsea Field Field / Heavy Lifts / Russia - • Usan, Total, Nigeria Name of the vessel Development Development Pipelines Decommissioning • , Blue Stream Pipeline • Akpo, Total, Nigeria Company, Russia - • Bonga Northwest, Shell, Nigeria Castorone v • , Medgaz S.A., Algeria - Spain • West Delta Deep Marine Saipem FDS v v • Ichthys LNG Pipeline, , Australia Concession, Burullus, Egypt Saipem FDS 2 v v • PNG LNG Offshore Pipeline Project, • East Hub, Eni, Angola v v v v ExxonMobil, Papua New Guinea • West Hub Development Project, • Greenstream, Greenstream B.V., Eni, Angola Saipem Constellation v v v v

Libya - Italy MARINE RENEWABLES Normand Maximus v v CONVENTIONAL FIELD DEVELOPMENT Saipem 3000 v v v • Aflowt, European Marine Energy • Tortue, BP, Mauritania/Senegal Centre, Ireland DeHe v v v v (awarded) • Hornsea Project One, Ørsted, Castoro II v v • Tangguh LNG Expansion Project, (ongoing) Castoro 10 v v BP, Indonesia • Hywind Project, Statoil, North Sea v v • Shah Deniz II, AIOC, Azerbaijan DECOMMISSIONING • Kashagan Field Development, FABRICATION CENTRES KCO, • Miller, BP, North Sea • Amenam, Total, Nigeria • Frigg, Total, North Sea • Italy, Arbatax (Intermare Sarda) • Angola, Ambriz (Petromar) • Indonesia, Karimun (PT Saipem • Congo, Pointe Noire (Boscongo) SUBSEA FIELD DEVELOPMENT SUBSEA TECHNOLOGIES Indonesia) • Brazil, Guarujá (Saipem do Brasil) • Liza field development, ExxonMobil, • Offset Installation Equipment, OSRL • Nigeria, Rumuolumeni (Saipem • Saudi Arabia, Dammam (Star) Guyana (ongoing) • Prestige Recovery, , Spain Contracting Nigeria) • Zohr, Petrobel, Egypt EPDM (Ethylene Propylene [Diene] Monomer) OUR OnSHORE plant, Versalis, Ferrara. DIVISIONS E&C Enabling the world energy transition

Become the partner of choice for clients committed to a sustainable low-carbon energy transition.

Design & Construction of hydrocarbon production, treatment and transport facilities Oil&Gas upstream projects Liquefaction and regasification of natural gas (LNG) Downstream plants: oil refining, chemicals and petrochemistry, gas monetization, single/combined cycle power plants Renewable energies: biofuels, solar and thermal power plants, waste to power Infrastructures

KEY PROJECTS

Mega Oil Projects Upstream REFINING AND PETROCHEMICAL POWER AND GASIFICATION • Menzel Ledjmet East Project (MLE), • Manifa Central Processing Facilities , Algeria • Aegean Refinery Project, Star • Okpai 480 MW Combined Cycle • Khursaniyah Processing Facilities • Hawiyah Gas Plant Expansion Refineri A.S., Turkey (under Power Plant, NAOC, Nigeria (under • Khurais Area Facilities Expansion Project, , Saudi execution) execution) & Satellite GOSP (under execution) Arabia (under execution) • Al-Zour Refinery Project, KNPC, • Jazan IGCC Complex, Saudi (All projects for Saudi Aramco LNG Kuwait (under execution) Aramco, Saudi Arabia (under in Saudi Arabia) • Duqm Refinery Package 3, OOC/ execution) • Arzew GNL 3Z, Sonatrach, Algeria KPI, (under execution) Onshore Transportation FLOATERS • RasGas LNG (trains 1 to 6), Qatar • Sriracha Refinery Expansion, Thai • Gladstone, Gladstone LNG , Qatar Oil, Thailand (under execution) • Jangkrik FPU, Eni E&P, Indonesia Operations Pty. Ltd., Australia • NLNG Bonny Island (trains 3 to 5), • Kaombo FPSO, Total, Angola Fertilizers • Encino Topolobambo Pipeline, Nigeria LNG Ltd., Nigeria • GBS Design and Build, Arctic LNG 2, Transportadora de Gas Natural • Tangguh Expansion (train 3), BP, • Qafco-5 Ammonia-Urea Complex, Russia (under execution) del Noroeste, Mexico Indonesia (under execution) Qatar Fertilizer Company, Qatar • SCPX Pipeline, SCP, Azerbaijan/ • Nongfab LNG Receiving Terminal, • Ammonia-Urea Complex, Dangote, KEY ASSETS Georgia PTTLNG, Thailand (under execution) Nigeria (under execution) • SGO Project, Caitan SpA, Chile • AMA1 Mozambique LNG, Anadarko, INFRASTRUCTURES FABRICATION CENTRES (under execution) Mozambique (in j.v. - under execution) • Kazakhstan, Kuryk (Ersai) • Feed Pipeline for New Refinery • High Speed Railway Milan-Bologna, Project, Kuwait (under execution) Gas-to-Liquids RFI, Italy • Shah-Habshan-Ruwais Railway, Gas Processing Upstream • Escravos, Chevron, Nigeria Etihad Rail Co., UAE • Shah Gas Development Program, Abu • High Speed Railway Brescia- Dhabi Gas Development Co., UAE Verona, RFI, Italy OUR OFFSHORE Saipem 12000, . DIVISIONS DRILLINg Raising the standard of drilling operations

Operational excellence, unique reliability and adaptive ability built in a more than 60-year track record.

A leading international provider of any type of drilling services in all offshore sectors ranging from ultra deep water to shallow water, harsh environment and remote areas A competitive player delivering efficiency and operational excellence Operator of an advanced drilling fleet of 15 units including , semisubmersible rigs, jack-ups and a tender assisted unit, which can boast up to 11 years LTI free

KEY PROJECTS KEY ASSETS

Involvement in Major Deep Water DRILLSHIP Discoveries over the past few • : semisubmersible rig. • Perro Negro 8 (high specs) years The only rig operating continuously • Saipem 12000 (ultra deep water) • Perro Negro 7 (high specs) through the 2012-2017 winter • Saipem 10000 (ultra deep water) • Pioneer (high specs) • Zohr, Eni, Egypt (2014) seasons in the Barents Sea - • Sea Lion 7 (high specs) SEMISUBMERSIBLE UNIT • Area 4, Eni, Mozambique (2013) Norwegian sector • Perro Negro 5 (standard) Milestones in the industry • Perro Negro 4: standard jack-up. • (ultra deep water) • Perro Negro 4 (standard) The unit has achieved over 1,000 • Scarabeo 8 (harsh environment) • Perro Negro 2 (standard) • Saipem 10000: first example moves in 36 years in Egypt • Scarabeo 7 (deep water) TENDER ASSISTED of new generation drillships • Scarabeo 5 (deep water) • Saipem 12000: ultra deep water • Saipem TAD (project specific) drillship equipped with two BOP JACK-UP • Perro Negro 9 (high specs) OUR OnSHORE PTX-9 drilling rig, Bolivia. DIVISIONS DRILLINg Raising the standard of drilling operations

More than 60 years as drilling specialists in the most challenging environments, in any geographical and political context.

Services for the drilling of Oil&Gas exploration, appraisal and production wells as well as geothermal projects More than 80 drilling and workover rigs Strong presence in the Middle East, Latin America and CIS Mostly for deep, ultra deep and deviated wells Development of a new rig with walking system for unconventional fields (Striker 800)

KEY PROJECTS KEY ASSETS

SAUDI ARABIA ECUADOR 84 RIGS HP; Max. Hook Capacity 500,000 lbs; HEAVY RIGS • Oil&Gas fields - Medium rigs • Conventional wells - Medium rigs • Nominal Drilling Capacity 4,000 m Tot. 13; Power Output 3,000 KUWAIT COLOMBIA MEDIUM HYDRAULIC RIGS HP; Max. Hook Capacity 2 M lbs; • • Ultra deep wells - Heavy rigs • HP/HT deep wells - Heavy rigs Nominal Drilling Capacity 8,500 m Tot. 5; Power Output 1,500 HP; Max. Hook Capacity 182 t; Nominal PERU ROMANIA MEDIUM RIGS • Drilling Capacity 3,000 m • Conventional wells work-over - • HP/HT ultra deep wells - Heavy rigs Tot. 50; Power Output < 2,000 HP; LIGHT HYDRAULIC RIGS Medium and light rigs Max. Hook Capacity 900,000 - 1.1 M • KAZAKHSTAN lbs; Nominal Drilling Capacity 6,000 m Tot. 2; Power Output 1,200 - 750 ARGENTINA • Drilling in harsh environment HP; Max. Hook Capacity 182 t; LIGHT RIGS • Unconventional fields - Medium rigs (from +40° to -40°) • Nominal Drilling Capacity 2,000 m Conventional wells - Medium rigs Tot. 14; Power Output 1,200 - 400 BOLIVIA • HP/HT ultra deep wells - Heavy rigs WORLDWIDE PERMANENT PRESENCE

ENGINEERING CENTRES dedicated to research & development, business process management and information technology yards focused on prefabrication, assembling and erection operations of large and complex manufacts as offshore platforms, plant modules, subsea manifolds and components OTHER MAIN SITES headquarters, branches and subsidiaries MILESTONES more than 60 years of history

New operational frontiers Saipem goes public Leader in the offshore A powerful Accountability and A major step heavy lifting sector global contractor transparency towards towards a sustainable Oil crisis in the Middle East Saipem is listed on the Milan our Stakeholders business drives Saipem to explore and Paris stock exchanges. Saipem takes over the With the acquisition new geographical areas Micoperi fleet including of Offshore, Saipem publishes Saipem joins the UN starting from the North Sea. the Micoperi 7000, soon Saipem boosts its its first Sustainability Global Compact. after renamed Saipem 7000. outstanding EPCI Report, making public capabilities. the Company’s commitment for a sustainable business. 1957 1974 1987 1998 2006 2015 2017 1971 1984 1990 2002 2016

A pioneer is born A milestone in offshore The joint-venture strategy Main player A global leader The brand identity XSIGHT activities in deep offshore in engineering, evolves Saipem starts joint-ventures Saipem introduces Saipem is established as pipelaying construction and oilfield with competitors like Brown Eni reduces its stake in the XSIGHT division an independent company. Saipem lays the gasline services & Root, Clough, Bouygues With the installation Saipem which changes for early engagement across the Straits of Messina Saipem gains access Offshore and Parker Drilling of the J-lay tower the its image and adopts a services to capture as part of the Transmed to new markets, including aiming to penetrate new Saipem 7000 opens its new logo. the client’s needs and project. onshore downstream markets and strengthen doors to challenging to provide innovative and gas liquefaction by the its assets. deepwater projects solutions drawing on such as the Blue acquisition of Snamprogetti. its vast EPC(I) project Stream gasline. experience.

RECORDS AN IMPRESSIVE TRACK RECORD OVER MORE THAN 60 YEARS ≥100 ≥2,000 ≥7,5 0 0 ≥2,000 ≥80,000 ≥50,000 ≥100 GRASS-ROOTS PROCESS UNITS ONSHORE OffSHORE KM OF OFFSHORE PIPELINES KM OF LAND PIPELINES OFFSHORE EPCI PROJECTS COMPLEXES DESIGNED WELLS WELLS DESIGNED AND BUILT DESIGNED AND BUILT IN THE LAST 10 YEARS DESIGNED AND BUILT AND BUILT DRILLED DRILLED SAIPEM SpA Via Martiri di Cefalonia, 67 20097 San Donato Milanese Milan - Italy SAIPEM.COM

LET’S KEEP IN TOUCH