Saipem S.p.A

RECENT NEWS
Reuters  May 21  Comment 
* Shares up more than 4 pct (Releads, adds CEO comment, analysis, shares)     
Reuters  Apr 23  Comment 
* Confirms revised 2013 targets (Adds contract payment concern, comments by management, analyst)     
Reuters  Apr 3  Comment 
Italian oil service group Saipem has 79 million euros ($101 million) of funds frozen in Algeria in connection with an investigation into allegations of price inflation, the company said on Wednesday.
OilVoice  Mar 14  Comment 
Wood Group Kenny has been awarded a contract by Saipem for the engineering analysis and configuration design of the steel lazywave riser SLWR system for the Sapinhoa Norte presalt field approxima
Reuters  Mar 6  Comment 
(Corrects headline to make clear bribery probe primarily concerns Saipem)
Reuters  Feb 15  Comment 
* Starts internal audit on Saipem, says zero tolerance on bribery issues
Wall Street Journal  Feb 13  Comment 
Italy's Saipem unexpectedly cut its 2012 dividend by 2.9% because of lower earnings, after the oil-services company lost more than a third of its market capitalization last month when it slashed earnings guidance.
Financial Times  Feb 11  Comment 
Investigators are looking into whether there was market abuse surrounding the share sale ahead of a profit warning that came from Saipem
Reuters  Feb 11  Comment 
Italy's Eni has signaled it could be open to a sale of its oil services subsidiary Saipem after a widening corruption probe in Algeria left mud sticking to the oil major.




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