Saipem S.p.A.

Via Martiri di Cefalonia 67
20097 San Donato Milanese, Milano, Italy (Map)
Phone: +39-02--5201
Fax: +39-02-5205-4295
Primary US Office:
Subscribers Only
http://www.saipem.it

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Overview

Saipem doesn't mind being in deep water. The Milan-based company provides drilling and construction services to oil and gas companies worldwide. Saipem has drilled more than 4,800 wells on land and 1,600 offshore over the past 40 years. The company operates four major drilling vessels, 10 offshore rigs and a construction fleet of about 40 units. To help oil and gas companies with field development, the company installs fixed platforms and floating production systems. It specializes in projects located in difficult environments. Saipem is 43%-owned by Eni, an oil company controlled by the Italian government.

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Key Numbers from Hoover's UK

Key financials for Saipem S.p.A.

Company Type Public (Italian: SPMI)
Fiscal Year-End December
2006 Sales (mil.) £5,095.4
1-Year Sales Growth 86.2%
2006 Net Income (mil.) £260.6
1-Year Net Income Growth 69.1%
2006 Employees 29,163
1-Year Employee Growth 24.9%
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Key People from Hoover's UK

Key people and executives for Saipem S.p.A.

Deputy Chairman and CEO Pietro Franco Tali
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Managing Director Operations Hugh J. (James) O'Donnell
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CFO Giulio Bozzini
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Top Competitors from Hoover's UK

Top competitors of Saipem S.p.A.

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Saipem S.p.A.

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Rankings from Hoover's UK

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