Recent events
Recent events tied to this brand in public sources.
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2022
Algerian tribunal fines Saipem over alleged corruption case
The Tribunal of Algiers fined Saipem $218 million in a first-degree decision concerning alleged corruption in the 2008 GNL3 Arzew tender. Saipem said it plans to appeal; payment is suspended pending appeal.
2022
Algiers court fines Saipem companies
An Algiers court issued a first-instance ruling fining Saipem, Saipem Contracting Algérie and Snamprogetti Algeria Branch 192 million euros over the allocation of the GNL3 Arzew project in 2008. The companies said they would appeal; the source also reports Saipem said the fine was suspended pending appeal.
2021
Rivers State brings criminal charges against Saipem companies
The Rivers State Government brought criminal charges against Saipem SPA and Saipem Contracting Nigeria Ltd, alleging conspiracy to cheat and intent to defraud the state of $130 million in advance payments for a power plant project. The allegations are not presented as a court determination.
2021
Saipem launches SUISO green-hydrogen platform
Saipem announced the launch of SUISO, a technological solution combining renewable energy sources to power electrolysers for green hydrogen production.
2020
Saipem acquires CO2 Solutions technology and assets
Saipem acquired CO2 Solutions’ proprietary CO2-capture technology, intellectual property portfolio and Saint-Félicien plant, and took on CSI employees.
2020
Saipem acquires CO2-capture assets from CO2 Solutions
Saipem acquired CO2 Solutions' proprietary CO2-capture technology, intellectual property portfolio, and a CO2-capture plant in Québec, and took on CSI employees to continue R&D activities and operations.
2019
Saipem receives Total Safety Award
Saipem received the Total Safety Award for its confined space management system, developed in Nigeria for the Egina project in collaboration with Total.