Boosted by its results year-to-date, Saipem said it now expects 2024 revenue to exceed EUR 14 billion ($15.15 billion).

In a report released on November 8, Kevin Roger from Kepler Capital maintained a Buy rating on Saipem SpA (SPEA – Research Report), with a price target of €3.15. The company’s shares closed last ...

Saipem offers services in three distinct business lines: asset-based services (handling engineering and construction for offshore oil and wind projects), energy carriers (covering onshore E&C ...

Citi analyst Kate O’Sullivan raised the firm’s price target on Saipem (SAPMY) to EUR 3.25 from EUR 3.10 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source for ...

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Revenues up in the 9 months, with an acceleration in the third quarter, led by offshore sectors, while order growth continues ...

Italian oilfield services provider Saipem has posted a strong increase in quarterly profits, propelled by higher revenues and the improvement in the balance of its financial operations.

Following media coverage on 25 October 2024 regarding Thai Oil Public Company Limited’s (Thaioil) CFP project, Thaioil seeks ...

In the midst of a busy week marked by mixed earnings reports and economic data, global markets have seen major indices such ...

Italian oilfield services provider Saipem is allowed to participate again in Petrobras tenders after a ban was lifted by a Brazil court. In January, Saipem was suspended from signing new contracts ...

Saipem SpA (SAPMF) recorded the highest quarterly order intake since Q2 2019, with a strong order intake of EUR6.4 billion in Q3 2024. The company achieved its highest quarterly revenue ever at ...