Saipem SpA (SPMR.MI)

18.00 0.00 (0.00%) As of 05:35PM CEST. Market open.

Saipem SpA

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

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 32,000

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. Alessandro Puliti	Chief Operating Officer	N/A	N/A	1963
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

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 provides energy and infrastructure solutions worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers engineering, construction, installation of platforms, pipelines, subsea fields, maintenance, modification, operation, and decommissioning activities, as well as develops marine wind farms and energy integration projects. The company also designs onshore project in the LNG and regasification, refining, petrochemical, fertilizers, pipelines, gas, oil processing stations, floaters, renewables, biotechnologies, CO2 capture, transportation, storage, and hydrogen production and transportation. In addition, the company provides procurement, project management, construction, and engineering integrated services for the energy industry markets and public infrastructures, as well as offshore and onshore drilling services on all types of rigs and in all geographical areas. As of December 31, 2021, its offshore drilling fleet consisted of twelve vessels, including six ultra-deep-water units, five high specification jack-ups, and one standard jack-ups. The company also operates 9 fabrication yards and a sea fleet of 41 vessels; and onshore drilling fleet comprised 84 units. Saipem S.p.A. is headquartered in Milan, Italy.

Corporate governance

Saipem SpA’s ISS governance QualityScore as of 1 May 2022 is 4. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 8; Compensation: 6.

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.