The past few years have been a rough ride for oilfield services groups, which have felt the pinch of the “lower for longer” crude price narrative and responded with a wave of restructuring and consolidations. Italy’s Saipem, which last year broke from its parent company Eni after Eni reduced its stake in the company to 30%, recently bagged major contracts to upgrade gas facilities in Saudi Arabia, as well as an EPCI contract to ramp up the giant Zohr gas field in Egypt and a construction contract to complete the Nord Stream 2 pipeline. However, the company also this year admitted to its emptiest order book for over 15 years and a 20% dip in profits. Gas Matters speaks to Stefano Cao, chief executive of Saipem, to find out how the company is faring in a changed marketplace.
Our three titles – Gas Matters Today, Gas Matters and LNG Business Review – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.
Gas Matters Today
Gas Matters Today's news analysis keeps you fully briefed on the relevant people, companies and events shaping the gas, LNG and wider hydrocarbon industries.
Gas Matters provides essential context for the global gas industry and wider energy complex, pairing insider insight with broader themes - from geopolitics to macroeconomics to regulatory risk.
LNG Business Review
LNG Business Review gives the insiders view on issues LNG mangers are facing today, written by Gas Strategies' network of LNG experts.Stay current and search the past
Access news and features published daily*, plus a fully searchable archive.Available when you need it
Save stories, features, news and interviews and also read offline in the Gas Strategies app.Stay up-to date
Get real-time access to articles as they are published with alerts for the latest content.Flexibility
Access content via mobile or tablet, dedicated apps, web browser or customise a downloadable pdf.Subscribe
For more information please contact the subscriptions team on +44 (0) 20 7332 9981 or [email protected]
*Monday to Friday, excluding UK public holidays.