Saipem sells its shallow-water offshore drilling operations in Saudi Arabia to Ades for $285 million, strengthening its focus on deepwater and highly complex projects. The market appreciates this, as the…
Wall Street's positive but unenthusiastic performance is also dampening European stock markets, which are hovering near their daily lows. Questions remain regarding both the valuations of technology companies, following their recent surge, and the progress of negotiations between...
Milan, London, and Madrid bucked the decline in stock markets dominated by the oil price. The FTSE MIB, fueled by oil and banking stocks, broke through the 48 mark. The spread rose to 83 basis points.
Tensions in the Middle East continue to impact financial markets: Europe is suffering, while Wall Street is more optimistic. Brent crude oil is back above $100 a barrel, and Bitcoin is at its highest since late January.
EU stock markets are wavering between a truce relief and renewed tensions over Hormuz, with oil and gas rising. Oil stocks are shining in Milan - Follow the LIVE broadcast.
Saipem has been awarded a €700 million contract by Eni Industrial Evolution for the new biorefinery in Priolo, Sicily. Construction is scheduled for 2028.
The European index nears 600 points, led by defense and banking stocks. The latter are benefiting from new Golden Power rules that could encourage M&A activity in the European Union. In London, the blue-chip FTSE 100 index reached…
The few Asian markets that are open, with China and Japan still on holiday, are positive, driven by artificial intelligence stocks. Futures point to a rise on Wall Street but a decline in European markets. Data is expected today...
Saipem has been awarded a major offshore EPCI contract in Qatar worth approximately $4 billion in the North Field Production Sustainability project, strengthening its partnership with QatarEnergy LNG.
In September, the Nasdaq and gold shone above all, but Milan bucked the tradition that usually sees the last month of summer close in the red. The risk of a shutdown in America, however, worries the markets.
The Council of Ministers approved the merger between Saipem and Subsea7, tying the creation of Saipem7 to energy security, defense, and strategic technologies. The final vote will be held on Thursday.
On Thursday, September 25, 2025, the extraordinary shareholders' meetings will decide on the merger, but the process toward closing remains subject to certain conditions. The stock is rising on the Milan Stock Exchange.
In the first half of 2025, Saipem reported revenues up 12,4%, EBITDA up 35%, and free cash flow almost tripled, confirming its 2025 guidance. The merger with Subsea7 will create Saipem7, a new energy giant with over €21 billion in revenues and synergies from…
New 155 million order from Enilive for the expansion of the Porto Marghera biorefinery. In Algeria, Feed contract from Sonatrach for the first national industrial hub dedicated to phosphates and fertilizers
The still fragile hypothesis of a ceasefire has triggered a renewed sentiment among investors for riskier assets. Fed rates are back on the table. Stock markets in Asia are celebrating and those in Europe are seen opening…
Saipem has been awarded a major contract by Eni for the Liverpool Bay CCS project, which will transform a facility at Point of Ayr into a CO₂ compressor station for offshore storage in Liverpool Bay
European stock markets close higher, with Piazza Affari leading the way thanks to the quarterly results of Stm, Eni and Saipem. Wall Street advances despite trade tensions. The banking game heats up with Mediobanca's victory in Generali, while Mps…
The group confirms its forecasts for the year: revenues expected at around 15 billion euros and an Ebitda of around 1,6 billion. The change in the conversion ratio of savings shares was also approved
Saipem has been awarded Full Notice to Proceed by Stockholm Exergi for a large-scale CO2 capture project in Sweden. With a €600 million contract, the company will contribute to the removal of 800 tonnes of…
The week begins cautiously for European stock markets, attentive to geopolitical and macroeconomic developments. In Italy, focus on February inflation and the decisions of the Central Banks. Oil rises, Saipem and Leonardo do well, luxury down - Follow the…
Saipem and Divento join forces to develop floating offshore wind in Italy. The agreement includes the use of Star 1 technology in the 7 Seas Med projects in Sicily and Ichnusa Wind Power in Sardinia, with the aim of participating in the auctions…
In the aftermath of the fourth consecutive session of decline of the Nasdaq that awaits Nvidia today, Chinese techs fly higher thanks to the +5,5% of Alibaba. European stock markets still seen positive, with focus on defense stocks, Saipem, Stellantis
The payout rises to 40% of free cash flow. For 2025, the group expects revenues of 15 billion and new orders of 50 billion. Prime Minister Meloni also commented positively on the operation with Subsea7
European stock markets open uncertainly after the vote in Germany. The euro gains ground, oil falls, while the announcement by Saipem stands out on Piazza Affari. In Asia markets down - Follow the LIVE
Eni, Cdp Equity and Siem Industries, a partner of Subsea7, have signed a memorandum of understanding that includes the commitment to support the merger between the Norwegian company and Saipem: a European giant with a revenue of 20 billion euros will be created
TotalEnergies postpones the Mozambique Lng project due to the ongoing security threats in Cabo Delgado. A delay that also impacts Saipem which suffers on the stock market
European stock markets close in rally after US inflation data that leaves room for the Fed. Iveco runs in Milan, Saipem suffers due to a wind farm - LIVE
The opening on the rise of Wall Street and Nasdaq on the first day of trading in 2025 despite the collapse of Tesla is boosting the stock markets of Europe and especially that of Piazza Affari where energy stocks are shining despite the decline…
European stock markets recover the day's losses, driven by Wall Street's optimism in the first session of 2025. Tesla collapses, discounting lower-than-expected quarterly deliveries. In Milan, banks, cars and luxury are down. Oil companies are doing well – LIVE
Stock Market Today December 20: European stock markets recover after a highly volatile session, with inflation in the US reassuring the markets. The Ftse Mib in Milan closed almost unchanged - Follow the LIVE
Rain of sales on all Wall Street stocks from Intel to Amazon to Tesla. Instead the dollar shines against all other currencies. European stock markets are seen opening in decline. Eyes on Tim, Saipem
Stock Market Today November 27: Market doubts about Trump's duties and the effects of the crisis affecting the French government push Europe to close in the red for the second session in a row - Follow the LIVE
Bitcoin, dollar and Treasury yields remain at the top, while tech stocks suffer. Gold falls to two-month lows. European stocks are seen opening little moved. Keep an eye on Monte Paschi, Saipem
The weak opening of Wall Street (but not of the Nasdaq which advances) cools the European stock markets which had been more effervescent in the morning. The exploit of Renault stands out, giving a bit of oxygen to the car. At Piazza Affari, Saipem and… shine.
Revenues up in the 9 months, with an acceleration in the third quarter, led by offshore sectors, while order growth continues. Management then revised upwards the guidance and confirmed the return to the dividend next year
Uncertainty over the outcome of the US elections has kept markets on edge, although Tesla's earnings, which were better than expected, have provided some comfort to investors. European stocks are seen moving cautiously. Spotlight on Eni and PMI.…
This is the first example on an industrial scale applied to a plant of this type in Italy and among the first in Europe. The application of Saipem's Bluenzyme technology is planned. It will be applied in Ferrara for a cost of 53…
Leonardo, Saipem and Telecom Italia boost the Ftse Mib. Luxury and cars are doing badly. The Btp-Bund spread drops to 123 basis points. Expectations for tomorrow's ECB decisions
Oil prices fall sharply after OPEC cuts demand growth forecasts, mainly due to China's slowdown. Netanyhau: "We will not hit oil and nuclear sites in Iran". Eni and Saipem in the red
Alessandro Puliti, CEO of Saipem, highlighted the progress made in the offshore wind sector during the Energy Summit 2024, but warned that supply and demand have not yet fully met. Meanwhile, the stock has lost more than 3%
After the 4 billion order in Qatar, the company announced the signing of a new contract of 2 billion dollars in Saudi Arabia as part of the agreement with Saudi Aramco
In the week that will see the Fed's move on rates as its main focus, the banking risk is ignited with the takeover bid launched by Banca Generali on Intermonte. Asia is mostly on vacation. European stock markets seen starting positive. The price…
Zero-emission energy production is planned through floating offshore plants equipped with new-generation compact reactors. In the future, it will also be possible to consider transmission on land
European stock markets move away from the lows of the day, but continue to decline after the collapses of Nvidia and the Nikkei. US futures down. Saipem runs in Milan, luxury and tech down
After the collapse of Wall Street and the fall of the Asian stock markets, the European stock markets can only open in decline, as suggested by the future of the EuroStoxx 50 index. Commerzbank, Eni, Snam and Saipem to monitor
Stellantis closes the half-year with revenues down 14% and net profit down 48%, but confirms its annual forecasts and expects over 20 new models for 2024. STMicroelectronics revises its revenue estimates downwards. Saipem grows,…
The company will take care of integrated inspection engineering, maintenance and emergency management services on the GreenStream gas pipeline, through its Sonsub center of excellence for underwater robotics, confirming Saipem's leadership in the underwater dimension
The two projects fall within the scope of the long-term agreement in force with Saudi Aramco. The first concerns the Abu Safa field, the second the Berri and Manifa fields. The stock rises on the stock market
Saipem close to winning agreements worth over 3 billion with QatarEnergy Lng. Analysts expect strong growth in 2024 with total orders estimated at 13,4 billion euros. Morgan Stanley and Barclays raise their target price. Title in…
The Saipem shares being sold by Eni are not affected by the agreement with Cdp, which maintains equal control. While retaining over 21% of the shares, Eni will not sell further Saipem shares for 180 days…
European stocks are in the red after some Fed officials called for caution on rate cuts. In Piazza Affari only Saipem was saved, Generali in the red after the accounts. Gold moves away from highs
Not even the positive data on inflation in the Eurozone supports European stock markets in the last session of the week. Piazza Affari limits losses thanks to MPS, BPM and Saipem
The Milanese price list is the only one rising, remaining above 34 thousand points, while the others in Europe record a mixed picture in the middle of the day, in view of the start of Wall Street where futures are falling
Powell will speak to the Senate on Wednesday and Lagarde will speak at the ECB summit on Thursday but the weakness of the markets in Europe and America reveals that no one expects surprises on the rate cut which will not happen before June
European stock markets remain mixed while Wall Street futures predict a negative start. Investor morale in the eurozone is improving, but with Germany in recession the hope of a spring recovery is still uncertain
The month of March could not have started better for the financial center of Milan: the Ftse Mib is close to 33 thousand points in the wake of Saipem, Iveco and Poste Italiane and the Btp Valore collects bookings for over 18 billion
Inflation as expected in America and slowing in France and Germany: the Frankfurt stock exchange and the Nasdaq are running. Saipem flies to Piazza Affari. Btp Valore is still on the rocks
Dividends equal to approximately 30-40% of free cash flow (net of lease payments) are expected, with coupon payments in 2025 based on the results expected in 2024. Orders driven by offshore are growing
In a little-moved Europe, Milan achieved a new record since 2008 at 30.910 points, driven by the banks and Saipem - Among the leading stocks of the Old Continent, Novo Nordisk stands out, while H&M collapses after the...
The Italian group's installation vessel, according to the Australian media, "lost control of the Castorone gas pipeline it was installing". Saipem says the damage is not significant and will be repaired. Equita raises target price and 2024 estimates
Interlocutory day on the markets - The collapse of Burberry pushes the entire luxury sector downwards - Utility stocks rise again on Piazza Affari but Saipem slips
The day after the ECB's rate stop recorded a general decline in European stock markets and a contrasting performance in American indices - The fall of Moncler is striking in Piazza Affari while the banks resist
Halfway through an uncertain session, the Italian stock market is starting to achieve a positive weekly result - Saipem and the banks, especially Unicredit, make the result possible - Moncler's thud despite an in line quarterly result...
The stock between yesterday and today was on a roller coaster ride on a misinterpreted message about a capital increase. Here are the clarifications from management
Saipem presented its third quarter results with a clear improvement and in line with expectations. 2023 guidance confirmed. Extraordinary meeting for the conversion of bonds maturing in 2029
Saipem wins a contract worth 4,1 billion, Tecnimont signs the largest contract ever obtained: 8,7 billion. For both the counterparty is Adnoc, the Abu Dhabi oil company, for the Hail and Ghasha project
The rises in the American stock market also push up the European stock markets after many sessions of decline - Saipem especially shines in Milan for the collection of new orders
Two more orders offshore. It's only September, but with them the company led by Alessandro Puliti has already practically reached the level of orders planned for 2023. The analysts are positive and the stock on the stock exchange is celebrating
Stock lists cautious in the face of new American and European macro data while waiting to understand what the central banks' next moves on rates will be - The issue of a convertible bond causes Saipem to lose share
The risk of a new monetary tightening by the Fed due to the jump in producer prices above expectations brings all the stock exchanges in Europe and America to their knees. Even Piazza Affari pays the price: with some significant…
Brilliant session for the European markets, after inflation in the euro area decreased more than expected (5,7%) to 5,5% in June 2023, from 6,1% in May - Saipem and Erg shine in Milan, the banks are doing well
