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Saipem SpA (SPMI.MI)

SPMI.MI on Milan Stock Exchange

4.39EUR
5:41pm IST
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€0.10 (+2.35%)
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Wed, Jul 10 2019

UPDATE 1-Saipem CEO says Saudi contracts part of natural gas shift

MILAN, July 10 Two contracts signed in Saudi Arabia for $3.5 billion by Italy's oil contractor Saipem are part of a shift in the company's strategy to focus more on natural gas, Chief Executive Stefano Cao said on Wednesday.

Italy's Saipem steps up drilling partner search with manager change - source

MILAN, July 1 Italian oil contractor Saipem is stepping up efforts to find a partner for its drilling business by moving a top manager to head the business, a source with knowledge of the matter said on Tuesday.

UPDATE 2-Italy's Saipem looking for partners in drilling business -CEO

MILAN, April 18 Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.

Saipem joint venture push with U.S. drillers draws a blank: sources

MILAN/LONDON Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.

Saipem joint venture push with U.S. drillers draws a blank -sources

MILAN/LONDON, March 15 Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.

Italy court upholds fine on Petrofac CEO for alleged insider trading on Saipem shares

MILAN A Rome court has upheld a fine imposed on Petrofac CEO Ayman Asfari by Italian market watchdog Consob for alleged insider trading in Saipem shares, a spokesman for the British oil services company said on Wednesday.

Italy court upholds fine on Petrofac CEO for alleged insider trading on Saipem shares

MILAN, March 13 A Rome court has upheld a fine imposed on Petrofac CEO Ayman Asfari by Italian market watchdog Consob for alleged insider trading in Saipem shares, a spokesman for the British oil services company said on Wednesday.

UPDATE 1-Saipem sees higher sales this year after beating 2018 guidance

MILAN, Feb 28 Italian oil services group Saipem said on Thursday it expected higher sales this year after beating 2018 forecasts and said it was looking for market opportunities.

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