Business description: Saipem S.p.A.

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 (93.7%): 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 (6.3%).

Net sales are distributed geographically as follows: Italy (6.8%), Europe (9.4%), Middle East (35.7%), Sub-Saharan Africa (27.1%), Americas (10.8%), Far East and Oceania (7.2%), North Africa (2.3%) and Commonwealth of Independent States (0.7%).

Number of employees: 30,000

Sales by Activity: Saipem S.p.A.

Fiscal Period: December20202021202220232024

Asset Based Services

- - - 9.46B 11.02B

Energy Carriers

- - - 5.63B 6.04B

Offshore Engineering & Construction (Excluding Floaters)

4.04B 4.04B 7.09B - -

Onshore Engineering & Construction (Including Floaters)

4.36B 3.64B 4.75B - -

Offshore Drilling

644M 648M 914M 1.27B 1.4B

Onshore Drilling

518M 417M - - -

Intra-Group Sales

-2.22B -1.87B -2.78B -4.48B -3.91B
See all business segments

Geographical breakdown of sales: Saipem S.p.A.

Fiscal Period: December20202021202220232024

Middle East

2.52B 2.16B 3.82B 3.89B 5.2B

Sub-Saharan Africa

1.68B 1.74B 2.25B 3.16B 3.94B

Americas

433M 649M 1.17B 1.85B 1.57B

Rest of Europe

493M 735M 1.04B 956M 1.35B

Far East and Oceania

- - - 739M 1.05B

Italy

419M 284M 400M 681M 992M

North Africa

377M 90M 210M 288M 329M

CIS

539M 460M 409M 303M 108M

Far East

880M 760M 676M - -
See all geographic segments

Executive Committee: Saipem S.p.A.

Manager TitleAgeSince
Chief Executive Officer 62 2022-08-30
Director of Finance/CFO 46 2022-05-26
Chief Tech/Sci/R&D Officer 63 -
Corporate Officer/Principal - 2022-10-31
Corporate Officer/Principal 43 2022-01-31
See SAIPEM S.P.A. governance

Composition of the Board of Directors: Saipem S.p.A.

Director TitleAgeSince
Director/Board Member 61 2018-05-15
Director/Board Member 51 2021-04-29
Director/Board Member 65 2021-04-29
Director/Board Member 62 2022-08-30
Director/Board Member 52 2024-04-16
Composition of the Board of Directors

Shareholders: Saipem S.p.A.

NameEquities%Valuation
21.19 %
422,918,550 21.19 % 1 154 M €
CDP Equity SpA (Private Equity)
12.82 %
255,841,728 12.82 % 698 M €
Norges Bank Investment Management
3.47 %
69,245,853 3.47 % 189 M €
1.147 %
22,898,371 1.147 % 62 M €
Two Sigma Advisers LP
0.7389 %
14,744,989 0.7389 % 40 M €
List of SAIPEM S.P.A. shareholders

Holdings: Saipem S.p.A.

NameEquities%Valuation
22,898,371 1.15% 62,494,234 $
4,400,000 0.74% 279,620 $

Company details: Saipem S.p.A.

Saipem SpA

Via Luigi Russolo, 5

20138, Milan

+39 02 44231

http://saipem.com
address Saipem S.p.A.(SPM)

Group companies: Saipem S.p.A.

NameCategory and Sector
Engineering & Construction
Oil Refining/Marketing
Engineering & Construction
Saipem Romania SRL
CCS JV SCARL
See all subsidiaries

Other Oil Related Services and Equipment

Change 5d. change 1-year change 3-years change Capi.($)
+1.09%+1.18%+2.00%+23.19% 5.5B
+1.80%+4.66%-19.63%+13.99% 50.75B
+2.49%+2.67%+17.97%+48.05% 40.32B
+4.15%+7.25%-32.00%-19.30% 19.84B
+0.85%+2.18%+33.71%+505.43% 14.95B
-1.19%+0.48%-1.42%+70.49% 5.9B
+1.71%+4.74%-16.22%+52.62% 5.24B
-0.58%+4.59%-26.13%-8.92% 5.14B
+0.69%+1.93%+62.80%+83.52% 4.71B
+0.15%+3.59%+15.01%+81.56% 4.63B
Average +1.12%+2.95%+3.61%+85.06% 15.7B
Weighted average by Cap. +1.88%+3.33%-1.62%+72.40%
See all sector performances
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