Saipem Showcases Its Star1 Floating Wind Technology
Saipem has presented its Star1 semi-submersible floating wind foundation technology, which was recently selected for two floating wind projects planned in the Mediterranean Sea.Deriving its name for star-like shape, the Star1 technology consists of three arms converging at the center, where the tower supporting next-generation turbines is installed, including those exceeding 20 MW.According to Saipem, the technology minimizes the stresses and movements of the turbine and optimizes the loads on the mooring lines that anchor it to the seabed.Thanks to its geometry and mooring system, Star1 is said to
Italy’s Saipem and Norway’s Subsea7 Merger to Create Energy Services Giant
Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies under one unit to be named Saipem7, whose combined backlog would be over $45 billion.Saipem and Subsea7 shareholders will own 50% each of the share capital of the combined company, whose revenue is expected to be around $20.9 billion, and core earnings in excess of $2 billion.Saipem7 will become a global organization of over 45,000 people, including more than 9,000 engineers and project managers.Subsea7 shareholders will receive 6.688 Saipem shares for each Subsea7 share held.
Vår Energi Pre-Orders Subsea Systems to Accelerate Oil and Gas Developments
be delivered in 2026.Further, the agreement involves securing materials and reduced delivery time enabling opportunities for continuous fast-track deliveries into the Vår Energy project portfolio.Vår Energi has worked closely with its strategic subsea partners, OneSubsea, Ocean Installer and Saipem, on standardization and shortening of lead times to transform project developments. This is expected to further reduce project development time and cost. “Vår Energi has a high value early phase portfolio of more than 20 projects, with a target of developing projects from discovery
Subsea7 Secures IRM Job at Türkiye’s Sakarya Gas field
with our clients.“We look forward to continuing to work alongside TP-OTC to optimize gas production from the Sakarya field and strengthen our long-term presence in Türkiye,” said Hani El Kurd, Senior Vice President of UK and Global Inspection, Repair, and Maintenance at Subsea7.Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Fiel
Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field
Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC).In the early hours of December 26, the vessel crossed the Dardanelles Strait, covering a distance of 36 nautical miles in approximately six hours.In the afternoon, it continued its journey through the Sea of Marmara. Finally, it reached and crossed the Bosphorus Strait, covering a distance of 18-nautical-mile in about
Technip FMC, Saipem Good to Go for UK’s CCS Projects Work
Saipem and TechnipFMC, under two separate contracts, have secured notices to proceed with the development of Northern Endurance Partnership (NEP) carbon capture and storage (CCS) projects in the U.K.Saipem secured final award for the two projects Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT) for the development of offshore facilities for the transportation and storage of CO2 of the East Coast Cluster.The overall value of the two projects is approximately $682 million, with a duration of 30 months.The first project has been awarded by the NEP’s entity called Net Zero
RINA Clears Saipem’s Protocol for Subsea Hydrogen Pipeline Materials
Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines.One of the challenges of transporting hydrogen through converted or newly constructed pipelines is the risk of weakening materials.In response, Saipem has developed its own protocol to evaluate the performance of the metallic materials and the relative welds to the passage of the hydrogen, which allows it to ascertain the compatibility of the pipelines in both the planning and operational phases.RINA granted Saipem
Saipem Upgrades UPS’ Pipeline Tech for Offshore and Subsea Use
Italian offshore energy services firm Saipem has secured DNV’s Statement of Qualified Technology for pipeline technology developed by United Pipeline Systems, which was upgraded for offshore and subsea use.The technology was initially developed for the internal lining onshore pipelines before Saipem conducted upgrades to make it suitable for offshore and subsea use.It uses plastic as a replacement for corrosion-resistant alloys in the inner coating of pipelines, thus reducing the total system cost by up to 40%, Saipem said.According to the Italian company, DNV's certification grants its
Saipem, Curtiss-Wright Advance Tech Set to Extend Lifecyle of Subsea Fields
Saipem and Curtiss-Wright Corporation have reached a new milestone for the subsea applications industry, having completed the qualification process of an all-electric seabed barrier fluid-less pump.Developed based on proprietary solutions inherited from the nuclear sector, the technology will enable the subsea injection of treated sea water into a reservoir, thus extending the lifecycle of subsea fields.While the conventional pumping system features a barrier fluid which serves as coolant, lubricant and insulation, the technology developed by Saipem and Curtiss-Wright is based instead on an innovative
February 2025
