Saipem S.p.A. SPM

LONDON, October 01, 2026--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Sigurd Rück AG (Sigurd) (Switzerland). The outlook of these Credit Ratings (ratings) is stable.

ExxonMobil has selected SLB’s OneSubsea joint venture to supply subsea production systems for the first phase of its giant Rovuma LNG development in Mozambique

In September 2026, Saipem SpA was added to the FTSE All-World Index (USD), bringing the Italian engineering group into a broad global benchmark followed by many institutional investors. This index inclusion can reshape how Saipem is viewed in global portfolios, as it may influence benchmark-aware fund allocations and research coverage. We will now examine how Saipem’s FTSE All-World Index inclusion could influence its investment narrative, especially around global investor access. Invest in...

Saipem (BIT:SPM) was recently added to the FTSE All-World Index (USD), putting the Milan based engineering group on the radar of more global index and ETF investors. Recent trading already reflects growing attention on Saipem. The share price is €4.42, with a strong year to date share price return of 76.8% and a 1 year total shareholder return of 80.0%. The 3 year total shareholder return of 2.6x highlights how momentum has been building over a longer stretch, despite some shorter term...

SAPMF secures a $350M subsea contract for Angola's West Hub Tails project, covering equipment, installation and tieback work to the Agogo FPSO.

The contract involves the West Hub Tails project, part of the Agogo Integrated West Hub, located 180km offshore at a depth of 1,750m.

The BECCS facility will capture CO₂ from the Värtaverket site and transport it for long-term storage at the Northern Lights site.

Alfa Laval has been selected by Saipem, the EPC (Engineering, Procurement, Construction) contractor for Stockholm Exergi's BECCS (Bioenergy with Carbon Capture and Storage) project to supply heat transfer equipment for one of Europe's largest bioenergy carbon capture facilities. The project is expected to begin operations in 2028 and will capture, liquify, and permanently store up to 800,000 tonnes of CO₂ annually, representing approximately one to two percent of today's total global carbon capt

The arrangement covers early engineering, procurement and technical services valued at around $12.7m (€11m).

SAPMF expands its role in the Sakarya gas project with a new FPU commissioning contract, building on earlier support for the offshore gas project.

The work follows an operation readiness and assurance contract awarded to Saipem in April 2026.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Saipem (SAPMF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.

The work is intended to support project definition and planning as the Area 4 partners move towards an FID, which is anticipated in 2026.

Autonomous underwater vehicles (AUVs) will see the fastest growth, while military and defense remains the leading application. Key players include Kongsberg, Saipem, BAE Systems, L3Harris, and Oceaneering. Unmanned Underwater Vehicle Market Unmanned Underwater Vehicle Market Dublin, Aug. 07, 2026 (GLOBE NEWSWIRE) -- The "Unmanned Underwater Vehicle Market by AUV, ROV, Application, Propulsion, System, Speed, Shape, Region - Global Forecast to 2031" has been added to ResearchAndMarkets.com's offer

McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China Petroleum Engineering & Construction Corporation (CPECC), has been awarded by ExxonMobil Moçambique Limitada, on behalf of the Area 4 partners, a letter of intent including limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development.

Despite robust revenue growth and a solid order pipeline, Saipem SpA (SAPMF) faces profitability pressures due to geopolitical tensions and strategic business disposals.

Eni Côte d’Ivoire and its partners awarded the first contract for phase three of the Baleine field, located up to 1,300m offshore.