The Gazprom Management Committee addressed the progress with the South Stream It was stressed that South Stream gas pipeline project was ready for constructing. This includes the most complicated part of the project – the first and the second strings of the offshore gas pipeline…
Tidewater Inc. announced the election of Richard D. Paterson to its board of directors for a term beginning November 13, 2014 and expiring in July 2015.Richard D. Paterson is a certified public accountant who retired from Price Waterhouse Coopers LLP (PwC)…
Italian oil service group Saipem said on Thursday it had set up a venture with energy consultant Xodus Group and Japanese engineering company Chiyoda to develop business in the subsea sector.Saipem, 43 percent controlled by Italian oil major Eni…
Tidewater Inc. announced today that Latif Benhaddad has joined Tidewater as Vice President of Engineering. Benhaddad reports to Tidewater's Chief Operating Officer, Jeff Gorski, and is responsible for global engineering technical services, including…
Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million.Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located…
SHI is ready to invest around $950 million in the overseas shipbuilding facility by 2017, according to SHI’s Chief Financial Officer Chun Tae Heung.Tankers, bulk ships and smaller container vessels might in the future be built in Malaysia…
Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the substantial risk it creates to the…
Saipem announces that Fabrizio Barbieri has resigned from his position as a director of Saipem’s Board.Fabrizio Barbieri, a non-executive and non-independent Board member, was not part of any internal committee, and was drawn from the list…
The rusty hulk of the Costa Concordia began its journey to the scrapyard on Wednesday, after a two-year salvage operation off the Italian island where the cruise liner capsized two years ago, killing 32 people.Boats sounded horns and church…
The Board of Directors of Saipem S.p.A. convened today and, in compliance with the resolutions taken by the Shareholders’ Meeting on May 6, 2014, confirmed the appointment of Umberto Vergine as CEO of Saipem S.p.A. The Board of Directors…
Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the risk it creates to the reputation of…
As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install…
Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni - guaranteeing Italy's gas supply by nurturing relations with Russia, while exploring new drilling frontiers in Africa and Asia to boost profit.The Italian government's choice of Descalzi…
Intergraph announced that Saipem has chosen to standardize on Intergraph SmartPlant and SmartMarine Enterprise engineering solutions. The agreement includes Intergraph next-generation 3D design software Smart 3D.Smart 3D is used for both onshore plant design and offshore and ship design…
Jee Ltd., an independent multidiscipline subsea engineering and training company, has appointed Michael Green as a new Business Development Manager to join the growing business development team.Mr. Green is based at the company’s head office in Tonbridge…
