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

Overview

Saipem doesn't mind being in deep water or in a lonely desert. The Milan-based company provides construction and drilling services to oil and gas companies worldwide. It is organized into major two business units: Engineering and Construction (which generates the bulk of its revenues), and Drilling. To help oil and gas companies with field development, the company installs fixed platforms and floating production systems. Saipem is a leader in providing engineering, procurement, project management and construction services with a bias toward large scale offshore and onshore projects. The company has three major drilling vessels, 10 offshore rigs, and a construction fleet of about 40 units.

Sample Overview & History

Key Numbers from Hoover's UK

Key financials for Saipem S.p.A.

Company Type Public (Italian: SPMI)
Fiscal Year-End December
2010 Sales (mil.) £9,559.8
1-Year Sales Growth 0.3%
2010 Net Income (mil.) £765.8
1-Year Net Income Growth 6.7%
2010 Employees 39,249
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Key People from Hoover's UK

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

Chairman Marco Mangiagalli
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Deputy Chairman and CEO Pietro Franco Tali
Deputy CEO and Director Hugh J. (James) O'Donnell
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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

See how Saipem S.p.A. ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

  • #391 in FT Global 500 (June 2011)
  • MIB
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