Financial calendar

March†10,† 2015

Saipem Group consolidated financial statements and Saipem S.p.A. draft financial statements at December 31, 2014

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Saipem owns a fleet of vessels and technical equipments that, thanks to a balanced mix of high reliability and top technologies, stand as a key element for the conservation and the strengthening of its leadership in this sector of activity.

The development of an in-house know-how to manage these assets, from R"D to designing of new vessels, to the maintenance and improvement of the operating ones, maintenance engineering and spare parts management included, is strategic for the Company success and the achievement of more and more challenging objectives in terms of HSE and operational performances.

Saipem has consequently started a long-term plan of investments to enlarge its fleet with new offshore construction vessels, FPSO, onshore and offshore drilling rigs, and improve the existing ones. This will allow Saipem to increase its volume of activity and face more and more challenging projects.

Construction Vessels

In the Offshore Construction sector of activity, Saipem owns dynamically positioned (DP3) vessels (i.e. Saipem 7000 and Saipem 3000) capable to lift up to 14,000 t and successfully complete challenging offshore installation and construction projects; dynamically positioned (i.e. Saipem 7000 and Castoro Sei) and conventional (i.e. Castoro 7 and Semac 1) vessels, capable to lay pipeline with the S-lay and J-lay techniques in low and deep waters; a field development ship, the Saipem FDS, capable to J-lay and lift up to 600 t.

Saipem is actually strengthening its fleet by constructing new vessels like the CastorOne, a dynamically positioned (DP3) deepwater laying barge for operations in extreme environments, and the new Saipem FDS 2, capable to develop offshore fields by J-laying and lifting up to 1,000 t in dynamic position (DP3).

For the Caspian Sea, Saipem has developed a dedicated fleet (i.e. Castoro 12, TRB tenders and Ersai vessels) that, thanks to some advanced laying and trenching technologies, are capable to operate in low waters, high temperature ranges and harsh and difficult environments. Saipem is actually completing a new post-trenching barge, the Castoro 16.

Saipem, through Sonsub, also owns a huge ROV and subsea construction fleet.

Caspian Fleet

Subsea Construction Fleet and Equipment

Drilling Vessels

Offshore Drilling Vessels

Saipem operates in this sector with six jack-ups, including the recently completed Perro Negro 7 and Perro Negro 8; a tender assisted drilling barge, the Saipem TAD, capable to move drilling packages with a 100 t crane; five semi-submersible drilling rigs, including the fourth and fifth generation Scarabeo 5 (DP3) and Scarabeo 7; a drill-ship, the Saipem 10000, capable to operate in deepwater up to 10,000 ft.

Saipem has recently completed an investment plan that will strengthen its fleet, particularly in the deep and ultra deepwater sector. This thanks to some most advanced under construction vessels: two sixth generation (DP3) semi-submersible drilling rigs, the Scarabeo 8, capable to operate in compliance with the severe Norwegian rules and environment standards, and the Scarabeo 9, a dual ram rig; and a drill-ship, the Saipem 12000, capable to operate in waters up to 12,000 ft.

Onshore Drilling Rigs

Saipem has a consolidated experience in the onshore drilling sector. It owns about 100 drilling and workover rigs, ranging from 750 and 3,000 hp, designed and continuously subjected to improvements for guaranteeing the minimisation of the environment impact (zero pollution and reduction of waste in the atmosphere). Saipem is constantly expanding its equipment and significantly in the super heavy sector with 3,000 hp rigs capable to operate in extreme environments.

FPSO Vessels

Saipem designed and operates two FPSO units, the FPSO Cidade de Vitůria and the FPSO Gimboa, respectively operating in Brazil and Angola. They are floating units capable to store, product and offload the oil.

last update: †April†02, 2013;†h†15:10