Saipem definition

Saipem means Saipem SpA and its direct and indirect subsidiaries, in Italy and abroad.
View Source
Saipem shall have the meaning given such term in Section 5.13 hereof.
View Source

Examples of Saipem in a sentence

  • SaiPar Drilling Company B.V. Netherlands ▇▇▇▇▇▇ Drilling Dutch B.V. 50 % Saipem International B.V.

  • Engineering, Procurement and Construction (EPC) Nigeria LNG Limited (NLNG) awarded the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project to SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo on 13th May 2020.

  • In December 2005, the Company signed a drilling contract with Petrex S.A., a subsidiary of Saipem SpA of Italy.

  • The project reached the attention of the major players in the offshore diving industry such as Technip, Subsea7, Saipem and Total.

  • Pursuant to the Sale and Purchase Agreement FSI will pay a price per Saipem share equal to the arithmetic average of official prices of Saipem ordinary shares recorded in proximity of the execution date of the relevant agreements.

  • Pacific Funds Trust joined a group action organized by Deminor Recovery Services which in turn worked with local counsel to file the Italian-based Action with the assistance of Consob, an Italian supervisory authority that has brought charges against Saipem.

  • Engineering, Procurement and Construction (EPC) Nigeria LNG Limited (NLNG) awarded the AEnngdinCeeorinngs,tPrurocctuiroenment and ACognrsetreumcteionn t(EPC) Contracts for its Train 7 Project to SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo on 13th May 2020.

  • The well will now be drilled through the Middle Eocene and into the primary Cretaceous target using the Saipem rig and slim-hole drilling technology.

  • Eni, acknowledging the capital increase resolved today by the Board of Directors of Saipem (the “Capital Increase”), has committed itself towards Saipem to pro-rata subscription of the newly issued shares, to an extent corresponding to the shareholding and the connected option rights.

  • Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and execution of large-scale offshore and onshore projects, and technological competences such as gas monetization and heavy oil exploitation.