Saipem SpA (SPMR.MI)

37.00 0.00 (0.00%) As of 5:35PM CEST. Market open.

Saipem SpA

Via Martiri di Cefalonia 67
San Donato Milanese
Milan, MI 20097
Italy
39 02 44231
http://www.saipem.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 31,634

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Francesco Caio	CEO, GM & Director	N/A	N/A	1957
Mr. Antonio Paccioretti	Chief Financial Officer	N/A	N/A	N/A
Mr. Massimiliano Cominelli	Head of Investor Relations	N/A	N/A	N/A
Mr. Gaetano Colucci	Sr. VP of Public Affairs & Communication	N/A	N/A	N/A
Mr. Marco Toninelli	Chief Operating Officer of Offshore Drilling & Onshore Drilling Divisions	N/A	N/A	1960
Mr. Davide Ivanoe Ruvolo	Corp. Head of M&A and Strategy	N/A	N/A	N/A
Mr. Francesco Racheli	Chief Operating Officer of the E&C Offshore Division	N/A	N/A	1973
Mr. Mauro Piasere	Digital Innovation Director & COO of XSIGHT Division	N/A	N/A	N/A
Mr. Luigi Siri	Mang. of Internal Audit	N/A	N/A	N/A
Mr. Maurizio Coratella	COO of the On-shore Engineering & Construction Division	N/A	N/A	1965

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Saipem SpA engages in the engineering, procurement, and construction of projects in the energy and infrastructure sectors worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers offshore E&C products and services, including platforms, pipelines, undersea field developments, maintenance, modification, and operation activities. The company also designs and builds plants, pipelines, pumping stations, compressor stations, and terminals; and provides engineering, procurement, project management, and construction services primarily for the oil and gas, civic and maritime infrastructures, and environmental markets. In addition, it provides offshore and onshore drilling services; refining, synthesis gas and fertilizers, petrochemical, and renewables and green technologies; upstream and liquefied natural gas projects; high tech floaters; offshore full field developments; trunklines; and decommissioning services. In addition, the company offers infrastructure solutions, such as high-speed rails and railways; and develops and produces solar arrays, integrated bio-refineries, wind farms, geo-thermal energy, and waste-to-energy projects. As of December 31, 2020, its offshore drilling fleet consisted of twelve vessels, including five ultra-deep-water units, five high specification jack-ups, one standard jack-ups, and one barge tender rig. The company also operates 9 fabrication yards and a sea fleet of 44 vessels; and onshore drilling fleet comprised 85 units. Saipem S.p.A. is headquartered in Milan, Italy.

Corporate governance

Saipem SpA’s ISS governance QualityScore as of 26 September 2021 is 4. The pillar scores are Audit: 8; Board: 2; Shareholder rights: 5; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.