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SAAYY On Other Exchanges
Symbol
Exchange
OTC US
BrsaItaliana
BrsaItaliana
OTC US
OTC US
Frankfurt
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saipem spa-adr 144a (SAAYY) Snapshot

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52 Week High
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Market Cap
5.7B
Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
0.0
EX-Date
05/23/11
P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for SAIPEM SPA-ADR 144A (SAAYY)

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saipem spa-adr 144a (SAAYY) Details

Saipem S.p.A. engages in the engineering, construction, and drilling businesses worldwide. It offers engineering, procurement, project management, and construction services primarily for the oil and gas, complex civil and marine infrastructure, and environmental markets. The company offers offshore engineering and construction products and services, including platforms, pipelines, subsea field developments, and MMO activities; and designs and constructs hydrocarbon production facilities, hydrocarbon treatment facilities, and large onshore treatment and transportation systems and facilities. It also provides offshore and onshore drilling services in deep water, in frontier, and remote areas and environment for oil and gas industries, national companies, and independent operators; floating facilities, including floating production storage units, floating LNG units, and floating production units; and drilling facilities, such as semi-submersibles, tension leg platforms, and dry tree units. In addition, it engages in the fabrication and integration, offshore hook-up and commissioning, and operation and maintenance of floating units. Further, it offers cutting-edge technologies for the gas monetization and heavy oil exploitation. Saipem S.p.A. operates offshore drilling fleet, which consists of 17 vessels, including 7 deep-water units, 2 for mid water operations, 2 high specification jack-ups, 5 standard jack-ups, and 1 barge tender rig; and onshore drilling rig fleet that comprises 105 units. The company is headquartered in Milan, Italy. Saipem S.p.A. is a subsidiary of Eni S.p.A.

54,637 Employees
Last Reported Date: 04/2/15

saipem spa-adr 144a (SAAYY) Top Compensated Officers

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Executives, Board Directors

saipem spa-adr 144a (SAAYY) Key Developments

Chiyoda, CB&I and Saipem Joint Venture Selects as Contractor for Mozambique LNG Development

Chiyoda Corporation, CB&I and Saipem announced the three companies' joint venture, CCS JV, has been selected as contractor for the initial development of the onshore LNG park in Mozambique by Anadarko Petroleum Corporation on behalf of the co-venturers in Mozambique's Offshore Area 1. The selection of CCS JV is subject to negotiation and entry into a definitive agreement prior to Anadarko and its co-venturers taking a Final Investment Decision (FID). The initial scope of work for the onshore LNG park includes two LNG trains, each with a capacity of six million tonnes per annum, two LNG storage tanks, condensate storage, multi-berth marine jetty and associated utilities and infrastructure. CCS JV has a long-term relationship with Anadarko and its partners for the planning and development of this project and will bring the three companies' substantial LNG experiences to successfully complete the onshore LNG park in Mozambique.

Anadarko Petroleum Corporation Selects CB&I, Chiyoda Corporation and Saipem for the Initial Development of the Onshore LNG Park in Mozambique

Anadarko Petroleum Corporation announced the selection of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in Mozambique. The scope of the work for the onshore LNG park includes two LNG trains, each with capacity of 6 MMTPA, which is an increase of 1 MMTPA per train over the original plan, while maintaining an estimated cost that is consistent with the co-venturers' original projections. The scope also includes two LNG storage tanks, each with capacity of 180,000 cubic meters, condensate storage, multi-berth marine jetty and associated utilities and infrastructure. The selection of CCS JV is subject to negotiation and entry into a definitive agreement prior to taking FID.

Eni Reviewing Again Possibility To Sell Saipem Stake

Eni SpA (BIT:ENI) is again reviewing its plans to cut stake in Saipem SpA (BIT:SPM). Emma Marcegaglia, President of Eni SpA said in an interview for Il Sole 24 Ore daily, "We are once again reviewing the plan".

 

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