Drilling Training Center Opening: As of January 21, 2026, Saipem has opened a new drilling training simulator center.
On January 16, 2026, Saipem announced the resignation of non-executive and independent Board Director Roberto Diacetti.
Saipem released its 2026 corporate events, with a Board of Directors meeting scheduled for February 24 to discuss preliminary 2025 results, and a conference call on February 25, 2026.
Recent Major Contracts (Late 2025/Early 2026):
QatarEnergy LNG Contract:
In late December 2025, Saipem secured a roughly $3.1 billion share (in a $4 billion total deal) for the North Field Production Sustainability (NFPS) project, with offshore work scheduled for 2029–2030.
Sakarya Gas Field (Turkey): Secured a $425 million contract for the third phase of the Sakarya gas field development, following previous work in the region.
Aker BP Extension: Secured a third contract extension for the Scarabeo 8 drilling unit in Norway, extending operations into 2028.
Middle East Hire: Hired Rana Subsea for work in the Middle East.
Strategic Moves:
Subsea7 Merger: Throughout late 2025, negotiations continued regarding the merger between Saipem and Subsea7, aimed at forming an “offshore energy powerhouse”.
These developments follow a period where Saipem bagged more than $4 billion in new deals over the 2025 festive period
Saipem has recently secured major contract wins and finalized its 2026 financial calendar.
Drilling Training Center Opening: As of January 21, 2026, Saipem has opened a new drilling training simulator center.
On January 16, 2026, Saipem announced the resignation of non-executive and independent Board Director Roberto Diacetti.
Saipem released its 2026 corporate events, with a Board of Directors meeting scheduled for February 24 to discuss preliminary 2025 results, and a conference call on February 25, 2026.
Recent Major Contracts (Late 2025/Early 2026):
QatarEnergy LNG Contract:
In late December 2025, Saipem secured a roughly $3.1 billion share (in a $4 billion total deal) for the North Field Production Sustainability (NFPS) project, with offshore work scheduled for 2029–2030.
Sakarya Gas Field (Turkey): Secured a $425 million contract for the third phase of the Sakarya gas field development, following previous work in the region.
Aker BP Extension: Secured a third contract extension for the Scarabeo 8 drilling unit in Norway, extending operations into 2028.
Middle East Hire: Hired Rana Subsea for work in the Middle East.
Strategic Moves:
Subsea7 Merger: Throughout late 2025, negotiations continued regarding the merger between Saipem and Subsea7, aimed at forming an “offshore energy powerhouse”.
These developments follow a period where Saipem bagged more than $4 billion in new deals over the 2025 festive period.
Note by Alessandro Bazzoni