10 Facts About Saipem

1.

Saipem was a pioneer in offshore drilling and pipelines construction in Europe; in 1959 it started drilling oil off the coast of Gela, in Sicily and in the early 1960s initiated the Central European Line pipeline, running from the port of Genoa to West Germany, where Eni Deutschland subsidiary was building refineries in Ingolstadt.

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2.

In 1978 Saipem laid down Castoro Sei, a column stabilized semi-submersible pipelay vessel.

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3.

In 1983 Saipem completed the construction of the massive Trans-Mediterranean Pipeline, linking Algeria to Italy.

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4.

In 1991 Saipem started operating Saipem 7000, the world's second biggest crane vessel.

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5.

In 2006 Saipem merged with Snamprogetti, a subsidiary of Eni specializing in the design and execution of large scale offshore projects for the production and transportation of hydrocarbons.

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6.

In 2006 Saipem completed the sealines of the Dolphin Gas Project, connecting Qatar's North Field to the United Arab Emirates and Oman.

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7.

In 2019, Saipem entered the airborne wind energy or energy kite systems industry via an agreement with KiteGen.

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8.

In 2010, Saipem agreed to pay a penalty of US$30 million to settle a Nigerian investigation into a bribery case involving the construction of Nigeria LNG facilities.

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9.

Saipem is under trial in Italy over charges relating to the same case.

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10.

Saipem's headquarters are located in San Donato Milanese, a suburb of Milan, Italy.

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