Saipem logo — Engineering for a sustainable future.

Saipem

Engineering for a sustainable future.

Founded 1957 Italy Italy 27007 employees IPO Total: $1.25B Energy, Sustainability +2

General Information

Company Name Saipem
Founded Year 1957
Location Italy Italy
Employees 27007
Industries Energy, Sustainability, Oil and Gas +1
Funding Stage IPO
Business Model B2B, B2G
Revenue Model Project Based, Service Fee, Usage Based
Social

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About Saipem

Saipem, founded in 1957, is a globally recognized leader in the engineering and construction sectors, focusing on both offshore and onshore energy and infrastructure projects. Operating under the slogan "Engineering for a sustainable future," the company is well-diversified across several business lines, including Asset Based Services, Drilling, Energy Carriers, Offshore Wind, and Sustainable Infrastructures.

Headquartered in Italy and publicly traded on the Milan Stock Exchange, Saipem boasts a formidable global presence in over 50 countries, with a workforce of approximately 30,000 people from more than 130 nationalities. The company's commitment to the energy transition is evident through its focus on digital innovations and processes tailored for environmental sustainability.

In its recent financial developments, Saipem secured a €393.00M Post Ipo Equity investment as of 01 June 2024, demonstrating robust investor confidence in its expertise and growth potential within key industries like Energy, Sustainability, and Construction.

Business keywords: Sustainable Engineering, Energy Transition, EPC Services, EPCI Services, Offshore Construction, Onshore Construction, Drilling Services, Technology Innovation, Environmental Sustainability, Offshore Wind, Sustainable Infrastructures, Asset Based Services, Energy Carriers, Turnkey Contractor, Fabrication Yards

Services & Products

Engineering for Sustainable Future
Deepwater Subsea Development
Project Management Consultancy
Carbon Management Solutions
Conventional Onshore Solutions

Target Customers

Energy Sector Companies Construction and Engineering Firms Renewable Energy Investors Government and Regulatory Bodies Chemical and Petrochemical Industries

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity €393.00M -
01 Jun 2024
Post-IPO Debt €860.00M -
01 Jun 2023
IPO Undisclosed -
01 Dec 1993

Saipem Alternatives & Competitors

View All Alternatives
Saipem vs
Subsea7
Subsea7 United Kingdom

We make offshore energy transition possible through the continuous evolution of lower-carbon oil and...

13725 employees
Renewable Energy, Oil and Gas
Saipem vs
Ocergy
Ocergy United States

Sustainable Offshore Solutions

41 employees
Energy, Sustainability

FAQ About Saipem

Engineering for a sustainable future.
Saipem was founded in 1957.
Saipem is headquartered in Italy.
Saipem operates in Energy, Sustainability, Oil and Gas and Construction. Its work centres on Sustainable Engineering, Energy Transition, EPC Services and EPCI Services. Its customers include Energy Sector Companies, Construction and Engineering Firms and Renewable Energy Investors.
Saipem has a B2B and B2G business model. Its revenue comes from Project Based, Service Fee and Usage Based.
Saipem has approximately 27007 employees.
Saipem has completed 3 funding rounds, raising a total of $1.25B. The latest funding stage is IPO.
Saipem offers: Engineering for Sustainable Future, Deepwater Subsea Development, Project Management Consultancy, Carbon Management Solutions, Conventional Onshore Solutions.
Top alternatives and competitors to Saipem include Subsea7, EMC "Egyptian Maintenance Company"​ - Petroleum Sector, Ocergy, OW Ocean Winds, SBM Offshore. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Saipem and Subsea7 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Saipem, https://bouncewatch.com/company/saipem, updated 17 April 2026. When citing, please name BounceWatch and link this page.

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