Saipem

San Donato Milanese, Italy Founded: 1957 • Age: 69 yrs Listed Fortune MNC 500 · #407
Integrated service provider to the oil and gas industry

About Saipem

Saipem is a publicly listed company based in San Donato Milanese (Italy) founded in 1957. Integrated service provider to the oil and gas industry. The company has 30,440 employees. Saipem has completed 2 acquisitions, including Bouygues Offshore and Moss Maritime. Its website saipem.com draws about 256 thousand monthly visits. Its Indian entity Saipem India Projects Private Limited reported revenue of β‚Ή1,066 Cr. Saipem offers products and services including Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Real Estate Projects.

Company details

Saipem was founded in 1957 as an Italian public company based in San Donato Milanese. Operations are centered on the oil and gas sector, with services encompassing drilling, engineering, procurement, construction, and pipeline installation for both onshore and offshore projects. The company has been listed on the Milan Stock Exchange since 1984. In 2019, annual revenues of 10.2 billion were recorded, alongside a net profit of 0.

Saipem is ranked #407 on the Fortune MNC 500 India (2026).

Recognitions & Rankings of Saipem

Fortune MNC 500 India 2026 edition
Rank#407
Total income
₹666 Cr
Profit
₹33 Cr
Last year #390
  • Headquarters San Donato Milanese, Italy
  • Employees 30,440
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Website category Heavy Industry and Engineering · Energy Industry
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website saipem.com/en
  • Social LinkedIn Instagram YouTube
  • Legal Name Saipem S.P.A.
Key Metrics
  • Indian entity revenue
    ₹1,066 Cr

    FY 2026 · +21% YoY

  • Indian entity net profit
    ₹41.29 Cr

    FY 2026 · 4% margin

  • Indian entity EBITDA
    ₹124 Cr

    FY 2026 · 12% margin

  • Latest Funding Round
    $1.4B (USD), Post-IPO

    Jul 2022

  • Investors
  • Employee Count
    30,440
  • Investments & Acquisitions

Products & Services of Saipem

Saipem offers a comprehensive portfolio of products and services, including Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.

Offshore E&C Services
Engineering

Construction and installation of offshore energy infrastructure

Robotics Solutions
Technology

Drones for safe and efficient subsea operations

Drilling Services
Energy Extraction

Offshore drilling for oil and gas projects

Renewable Energy Solutions
Sustainability

Development of offshore wind and solar energy systems

Apps and channels of Saipem

its YouTube channel SAIPEM has 11.5K subscribers and 30 videos.

SAIPEM
YouTube 11.5K subscribers 30 videos Science & Technology
Open channel

Videos from Saipem

The most watched videos on Saipem's YouTube channel, SAIPEM (11.5K subscribers). Click a video to play it here.

Hydrone - the next-generation subsea technologies
6.6K views
SAIPEM PEOPLE | Episode 2 - Energy Transition
5.5K views
SAIPEM PEOPLE | Episode 4 - Safety
5.2K views
This is our story. This is Saipem.
3.7K views

More on SAIPEM.

Funding Insights of Saipem

  • Total Rounds 4
  • Last Round Post-IPO β€” $1.4B
  • First Round $481.3M

    (Sep 2007)

  • Investors Count 2

All 4 funding rounds of Saipem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$1.4BPost-IPO––
–
May 2021$2.1MGrant––
Jan 2021$367,029Grant––
Sep 2007$481.3MPost-IPO––
Valuation history

2 investors in total: 2 institutional.

Investors in Saipem

Saipem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Haldor Topsoe.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
topsoe.com
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Investor details for Saipem

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Saipem India Projects Private Limited (Saipem)

Saipem India Projects Private Limited is the primary company behind Saipem. The board of Saipem India Projects Private Limited currently have 3 directors; the longest-serving is Edgar Van Stijn, appointed in 2023. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Edgar Van Stijn
DIN 10271373
Whole-time director13 Oct 20233 yrsSaipem India Projects Private Limited
Stefano Villa
DIN 10519750
Managing Director08 Mar 20242 yrs 7 moSaipem India Projects Private Limited
Claudia Stocco
DIN 10667881
Director17 Jun 20242 yrs 4 moSaipem India Projects Private Limited

People of Saipem

549 people are tracked at Saipem (74 in leadership, 12 in board & advisors, 463 in team); the tracked headcount is 30,440.

NameRoleGroup
Mazzardo Maurizio
Head Of Human Resources, Organization And Services - Xsight DivisionLeadership
Mathieu Pinson
Head Of Plant Layout & Piping Design SectionLeadership
Giovanni C.
Head Of Strategy And Portfolio AnalysisLeadership
Fabrizio Botta
Chief Operating Officer E&c OnshoreLeadership
Matteo Ferrario
Head Of Digital Workplace ManagementLeadership
Max Branchi
Chief People, HSEQ And Sustainability OfficerLeadership
Alessandro Puliti
CEO and General ManagerLeadership
Piero Venezia
Head Of Asset And Drilling Procurement - Asset And Drilling Supply Chain Business PartnerLeadership
Alpesh Suthar
Deputy Chief Engineer StructuresLeadership
Mandar Gharat
Chief Engineer - Mechanical StaticLeadership
Tristan F.
Head Of Department Survey & Positioning. SURF BU (worldwide) - Subsea Installation Engineering.Leadership
Hossam Abdin
Network Operations Center (noc) Head / Network Infrastructure OperationLeadership
Thulasiraman Ramadurai
Deputy General Manager Of Project ICT & Digital Asset ManagementLeadership
Carine Tramier
Business Sustainability DirectorLeadership
Luka Jelas
Chief Electrician DP VesselLeadership
Ambrogio Ciceri
Head Of Material Procurement And Project Supply Chain ManagementLeadership
Isirè de Risi
Head Of Group Contract Management- Supply ChainLeadership
Salvatore Colli
Vice President FinanceLeadership
Stefano Passero
Head Of TaxLeadership
Jean-Luc Dubois
CFO Middle EastLeadership

529 more people are available in the full profile.

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IPO & Listings of Saipem

Saipem is a publicly listed company on the MIL with ticker symbol SPM in Italy, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Jul 1993
  • Listed onEuronext: SPMR
  • Listed entitySaipem S.p.A.
  • Exchange sectorIndustrial services
  • ISINIT0005495657
  • Share price4.69 EUR (+0.6% on the day) · 2026-10-14
  • Market capitalisation9,192,937,905.00 EUR
  • Price to earnings35.8
  • EPS (diluted, trailing year)0.13 EUR
  • Dividend yield3.66%
  • Volume (last session)430,173

Financials of Saipem

Figures of Saipem India Projects Private Limited, the primary company behind Saipem, for FY 2026. Revenue was ₹1,066 Cr (+21% year on year). Net profit was ₹41.29 Cr (4% margin). EBITDA was ₹124 Cr (12% margin). Revenue has grown at a compounded annual rate of +22% over three years and +14% over five years.

  • ₹1,066 CrRevenue · FY 2026 · +21% YoY
  • ₹41.29 CrNet profit · 4% margin
  • ₹124 CrEBITDA · 12% margin
  • ₹52.69 CrPaid-up capital
  • 2,096Employees (provident fund records)
  • +22%Revenue CAGR, 3 years
  • +14%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202515.50B EUR310.0M EUR1.71B EUR
202414.55B EUR306.0M EUR1.33B EUR
202311.87B EUR179.0M EUR916.0M EUR
20229.98B EUR-209.0M EUR532.0M EUR
20216.53B EUR-2.47B EUR-1.73B EUR

Balance sheet, profit and loss, cash flow and ratios of Saipem India Projects Private Limited are on its company page.

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Detailed financial statements for Saipem

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Investments & Acquisitions by Saipem

Saipem has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bouygues Offshore and Moss Maritime.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Subscription-based streaming video services are provided to subscribers.
bouygues-offshore.comParis, France1952May 2002$920.04M
Engineering and design services for floating offshore structures are provided.
mossww.comLysaker, Norway1971Jul 2001$55M
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Complete acquisition details for Saipem

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Verified entity values are shown only after access is granted.

Timeline of Saipem

6 dated milestones of Saipem across 65 years, from founding to its latest funding, stage changes and deals.

  1. Founded Saipem is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Moss Maritime.
  4. Acquisition Acquires Bouygues Offshore.
  5. Funding First funding round of $481.3M.
  6. Funding Latest funding round, Post-IPO, of $1.4B.

Web traffic of Saipem

The website of Saipem (saipem.com) receives about 256.2K visits a month and ranks #164,014 among all websites worldwide, #1,442 in Energy Industry.

  • Monthly visits
    256.2K

    ▼ 2.4% vs previous month

  • Unique visitors
    83.7K

    per month

  • Global rank
    #164,014

    among all websites

  • Category rank
    #1,442

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with Saipem. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
eni.com
100%
1.2M#41,082View details
gazprom-neft.com
98%
View details
gpsag.ch
gpsag.ch
98%
–
offshore-energy.biz
offshore-energy.biz
95%
#158,057–
geagency.it
geagency.it
95%
#2,169,925–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Saipem

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Complete news archive for Saipem

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Frequently Asked Questions about Saipem

Saipem was founded in 1957 and raised its 1st funding round 50 years after it was founded.

Saipem is headquartered in San Donato Milanese, Italy. It is registered at San Donato Milanese, Lombardia, Italy.

Saipem has 30,440 employees.

The primary company behind Saipem, Saipem India Projects Private Limited, reported revenue of β‚Ή1,066 Cr for FY 2026, up 21% year on year.

Saipem was founded in 1957 as an Italian public company based in San Donato Milanese. Operations are centered on the oil and gas sector, with services encompassing drilling, engineering, procurement, construction, and pipeline installation for both onshore and offshore projects. The company has been listed on the Milan Stock Exchange since 1984. In 2019, annual revenues of 10.2 billion were recorded, alongside a net profit of 0.

Saipem offers Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.

Yes, Saipem is publicly traded on MIL under the ticker symbol SPM.

Saipem has made 2 acquisitions, including Bouygues Offshore, and Moss Maritime.

Saipem has 2 investors. Key investors include European Union, and Haldor Topsoe.

Saipem operates through Saipem India Projects Private Limited.

The legal entities of Saipem currently have 4 directors, including Edgar Van Stijn, Stefano Villa, Claudia Stocco and others.

The website of Saipem receives about 256 thousand visits a month and ranks #164,014 among all websites worldwide.

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