Company Profile
Saipem S.p.A. specializes in engineering and construction services for the oil and gas industries. Net sales break down by activity as follows:
- engineering, construction and installation services (94%): offshore services (submarine pipelines, oil platforms, etc.) and onshore (pipelines in hostile environments, hydrocarbon production units, drilling installations, refineries, etc.), and construction of floaters;
- offshore drilling services (6%).
Net sales are distributed geographically as follows: Italy (4.4%), Europe (11.3%), Middle East (29%), Sub-Saharan Africa (26.5%), Far East (11.6%), Americas (8.8%), CIS (7%) and North Africa (1.4%).
- engineering, construction and installation services (94%): offshore services (submarine pipelines, oil platforms, etc.) and onshore (pipelines in hostile environments, hydrocarbon production units, drilling installations, refineries, etc.), and construction of floaters;
- offshore drilling services (6%).
Net sales are distributed geographically as follows: Italy (4.4%), Europe (11.3%), Middle East (29%), Sub-Saharan Africa (26.5%), Far East (11.6%), Americas (8.8%), CIS (7%) and North Africa (1.4%).
Source: Cofisem - Last Update: 2024-03-04
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Technology Officer | |
| Chief Human Resources Officer | |
| Chief Communication Officer | |
| General Counsel |
Source: Cofisem - Last Update: 2024-03-04
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 11,874 | 9,980 | 6,528 | 7,342 | 9,099 |
| Income from ordinary activities | 11,897 | 9,991 | 6,533 | 7,408 | 9,118 |
| Operating income | 437 | 98 | -2,219 | -845 | 456 |
| Cost of financial indebtedness net | 0 | 133 | 112 | 132 | 114 |
| Equity-accounted companies contribution to income | 60 | -65 | 9 | 37 | -18 |
| Net profit from discontinued activities | -6 | 106 | -61 | ||
| Net income | 179 | -209 | -2,467 | -1,117 | 98 |
| Net income (Group share) | 179 | -209 | -2,467 | -1,136 | 12 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - millions | EUR - millions | EUR - millions | EUR - millions | EUR - millions |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-03-04
Shareholder information
| Group-owned stock | |
| Other shareholders | |
| CDP Equity S.p.A. | |
| Eni S.p.A |
Source: Cofisem - Last Update: 2024-03-04
Address
Saipem S.p.A.
Via Luigi Russolo 5
IT-20138 Milano
Italy
Phone number: +39 0244231
Fax: +39 0244244415
https://www.saipem.com/
Source: Cofisem - Last Update: 2024-03-04
Contact
Massimiliano Cominelli
investor.relations@saipem.com
investor.relations@saipem.com
Source: Saipem S.p.A. - Last Update: 2024-03-04
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