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By Pierre Bertrand Saipem said that Australia's offshore petroleum regulator has approved the restart of operations by the Castorone pipelaying vessel. The...
By Pierre Bertrand Saipem said an incident while its Castorone vessel was laying a pipeline off the coast of Western Australia on Tuesday could have been...
SLB, Baker Hughes, and other big oil stocks fell again as markets digested news that Saudi Arabia’s Aramco would pull back on plans to expand capacity.
The state-owned company pulled back on its capacity target at the direction of the Saudi Arabian government.
By Mauro Orru Saipem shareholders approved a capital increase of up to 500 million euros ($539.7 million) at the company's extraordinary shareholders'...