Saipem SpA (SPMIr.MI)
10 Dec 2013
|Market Cap (Mil.):||€7,173.07|
|Shares Outstanding (Mil.):||441.41|
MILAN, Dec 6 - Italy's market watchdog has closed a review of Saipem's 2012 results without asking for more information even though it deems revenues and costs relating to five contracts did not comply with certain international accounting standards, the company said on Friday.
MILAN - Shares in Italy's Saipem jumped nearly 4 percent in early trading after an Italian newspaper said Norway's Seadrill could be interested in buying the offshore drilling business of the Italian group.
LONDON, Oct 29 - European shares edged higher on Tuesday as estimate-beating results at BP and Saipem fuelled a surge in the oil sector, a laggard in this year's equity rally.
LONDON, Oct 29 - European shares rose modestly on Tuesday as estimate-beating results at BP and Saipem fuelled a surge in the oil sector, a major laggard of this year's equity rally.
* Concern of more provisions, profit warning - analysts (Recasts lead, adds analysts, shares)
MILAN, Aug 6 - A former manager of Italian oil service group Saipem, who is at the centre of a bribery probe relating to Algerian gas contracts, has been arrested, his lawyer said on Tuesday.
* Confirms 2013 guidance for net loss of 300-350 mln euros (Releads on governance, adds quotes from CEO, details)
LONDON, July 1 - British engineer Hunting, which makes equipment for use in oil and gas wells, said it was benefiting from growing business in the Gulf of Mexico and U.S. oil shale industry, defying a trend of earnings disappointments in the sector.
LONDON, June 27 - The scale of Brazil's offshore oil reserves should be bringing a bonanza to service and equipment companies. Instead, dominant national company Petrobras' negotiating tactics and government demands are combining to squeeze industry margins.
ROME - Saipem won a $3 billion contract to develop an underwater field around 100 kilometers off the coast south of Port Harcourt in Nigeria, the Italian oil services group said on Tuesday.