Saipem Posts Stable Q1 Profit
Saipem reported a net income of approximately $92 million for Q1, a slight increase of 1.3% compared to the same period last year. This growth was driven by improvements in both onshore and offshore e
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Saipem reported a net income of approximately $92 million for Q1, a slight increase of 1.3% compared to the same period last year. This growth was driven by improvements in both onshore and offshore e
Ukraine is set to resume oil deliveries through the Druzhba pipeline on April 22nd following the completion of repairs, as announced by President Zelenskiy. The
Saipem has been awarded a Limited Notice to Proceed (LNTP) worth approximately $150 million by ExxonMobil Guyana for work on the Longtail project. This award si
EnerMech, an Aberdeen-based integrated solutions specialist, has secured a contract for topside process duties on the UK Continental Shelf (UKCS). This win sign
Norway's natural gas production decreased in March, both compared to the previous month and the same period last year. This decline in production from a major E