Unlike the troubled Courselle and Thai Oil projects, Mozambique’s contract structure allows for cost reimbursements plus a margin, reducing financial risk for Saipem. Looking ahead to 2025 ...

The Saipem 7000 is already successful in the ... Two quick questions one on Mozambique LNG project. Can you give us some color on the assumption included in 2025 guidance? And the second on ...

These cost increases have raised doubts about whether Saipem’s current provisions of €370 million will be sufficient to cover potential overruns. On the other hand, the Mozambique LNG project is on ...

Italian contractor presents optimistic four-year plan as it continues turnaround from heavy losses in 2020 and 2021 ...

Saipem's offshore business is performing well, with significant order intake and better margins. Read more about the Subsea 7 ...