In a report released on November 8, Kevin Roger from Kepler Capital maintained a Buy rating on Saipem SpA (SPEA – Research Report), with a price target of €3.15. The company’s shares closed last ...

Boosted by its results year-to-date, Saipem said it now expects 2024 revenue to exceed EUR 14 billion ($15.15 billion).

Revenues up in the 9 months, with an acceleration in the third quarter, led by offshore sectors, while order growth continues ...

Saipem is about to start work on deep water drilling in Namibia for Portugal's Galp Energia, the chief executive of the Italian energy contractor said on Thursday. In early 2024 Galp carried out tests ...

Saipem offers services in three distinct business lines: asset-based services (handling engineering and construction for offshore oil and wind projects), energy carriers (covering onshore E&C ...

In the midst of a busy week marked by mixed earnings reports and economic data, global markets have seen major indices such ...

Italian oilfield services provider Saipem is allowed to participate again in Petrobras tenders after a ban was lifted by a Brazil court. In January, Saipem was suspended from signing new contracts ...

Saipem Group has announced its financial results for the third quarter and the first nine months of 2024, showcasing robust ...

Saipem SpA (IT:SPM) has released an update. Saipem SpA reported strong financial performance for the first nine months of 2024, with net profit reaching 206 million euros and revenues increasing ...

Citi analyst Kate O’Sullivan raised the firm’s price target on Saipem (SAPMY) to EUR 3.25 from EUR 3.10 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source for ...

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The project marks Italy's first industrial-scale carbon capture and storage (CCS) application at a waste-to-energy plant.