About Saipem
Saipem is a company based in San Donato Milanese (Italy) founded in 1957.. The company has 30,440 employees as of December 31, 2024. Saipem has completed 2 acquisitions, including Bouygues Offshore and Moss Maritime. Saipem offers products and services including Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.
- Headquarter San Donato Milanese, Italy
- Employees 30440 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Saipem S.P.A.
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Annual Revenue
$15.12 B (USD)22.53as on Dec 31, 2024
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Net Profit
$317.9 M (USD)70.95as on Dec 31, 2024
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EBITDA
$1.38 B (USD)44.76as on Dec 31, 2024
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Latest Funding Round
$1.4 B (USD), Post-IPO
Jul 11, 2022
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Investors
European Union
& 1 more
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Employee Count
30440
as on Dec 31, 2024
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Investments & Acquisitions
Bouygues Offshore
& 1 more
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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.
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Construction and installation of offshore energy infrastructure
Drones for safe and efficient subsea operations
Offshore drilling for oil and gas projects
Development of offshore wind and solar energy systems
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Funding Insights of Saipem
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $1.4B
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First Round
First Round
(27 Sep 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Post-IPO - Saipem | Valuation |
investors |
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| May, 2021 | Amount | Grant - Saipem | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Saipem | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Saipem
Saipem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Haldor Topsoe. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Saipem
Saipem has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bouygues Offshore and Moss Maritime. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Engineering and design services for floating offshore structures are provided.
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1971 | ||||
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Subscription-based streaming video services are provided to subscribers.
|
1952 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Saipem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Saipem Comparisons
Competitors of Saipem
Latest news on Saipem
Frequently Asked Questions about Saipem
When was Saipem founded?
Saipem was founded in 1957 and raised its 1st funding round 50 years after it was founded.
Where is Saipem located?
Saipem is headquartered in San Donato Milanese, Italy. It is registered at San Donato Milanese, Lombardia, Italy.
How many employees does Saipem have?
As of Dec 31, 2024, the latest employee count at Saipem is 30,440.
What is the annual revenue of Saipem?
Annual revenue of Saipem is $15.12B as on Dec 31, 2024.
What does Saipem do?
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.
What products or services does Saipem offer?
Saipem offers Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.
Is Saipem publicly traded?
Yes, Saipem is publicly traded on MIL under the ticker symbol SPM.
How many acquisitions has Saipem made?
Saipem has made 2 acquisitions, including Bouygues Offshore, and Moss Maritime.
Who are Saipem's investors?
Saipem has 2 investors. Key investors include European Union, and Haldor Topsoe.
What is Saipem's ticker symbol?
The ticker symbol of Saipem is SPM on MIL.