Saipem S.p.A (SAPMF)

OilVoice  May 16  Comment 
The Middle East has been a relative bright spot for upstream activity during the oil price downturn. International land rig contractors such as Saipem are actively focusing their strategy and drilli
OilVoice  Apr 15  Comment 
Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG a joint venture between BP S
Reuters  Apr 12  Comment 
* Memorandums of understanding, credit lines agreed (Adds Saipem deal, background)
Reuters  Mar 8  Comment 
Shares in Saipem fell sharply on Tuesday after banks underwriting the oil industry service group's 3.5 billion-euro ($3.9 billion) rights issue cleared most of the unsold shares on their books at a discount to the current market price.
Reuters  Mar 7  Comment 
JPMorgan and Goldman Sachs are leading the sale of 700 million shares in Italian oil contractor Saipem , two traders said on Monday.
Reuters  Mar 2  Comment 
Italian oil contractor Saipem faces new challenges after raising 3.5 billion euro ($3.8 bln) to stay afloat, as rising competition in its lucrative pipe-laying business threatens margins and orders.  Feb 12  Comment 
Trading in oil services’ firm halted after investors shun heavily discounted share issue Investment banks, led by JP Morgan and Goldman Sachs, have been left with €427m (£331m) of unwanted shares in Italian oil services company Saipem...
Reuters  Feb 12  Comment 
* Firm hit by low oil prices, legal claims, debt worries (Adds rights issue results, broker comment, shares)
Reuters  Feb 11  Comment 
A plunge in oil prices and little sign of recovery anytime soon have left Italian oil contractor Saipem ill-prepared to cope with life independent from former parent Eni, even after a 3.5 billion euro ($4 billion) fundraising.

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