Saipem wins two contracts worth $850m
Italian offshore engineering and construction player Saipem has landed two new contracts worth a total of around $850m. The first contract involves the second phase of the Sakarya gas field development...
View ArticlePrysmian eyes UK cabling deal
Italy’s Prysmian has been selected as the exclusive preferred bidder for the Eastern Green Link 2 cable connection in the UK. The Milan-based cabling giant said contract talks with SSEN Transmission...
View ArticlePrysmian lines up UK cabling double
Hot on the heels of an exclusive preferred bidder agreement for the Eastern Green Link 2 cable connection in the UK, Italy’s Prysmian has been pre-selected by SP Transmission and National Grid...
View ArticleEni and Rina sign green fuels pact
Italian energy firm Eni and compatriot class society Rina have joined forces to accelerate the implementation of green fuels as part of the energy transition and decarbonisation of maritime transport....
View ArticleGrimaldi boosts ammonia-ready car carrier orderbook to 17 ships
Italy’s Grimaldi Group has bolstered its ammonia-ready car carrier orderbook in China with two more newbuilds. The Naples-based company has exercised options with China State Shipbuilding Corporation...
View ArticleTitan adds to LNG bunkering fleet with Fratelli Cosulich newbuild charter
Dutch fuel supplier Titan has chartered in the first of the two LNG bunkering vessels Italy’s Fratelli Cosulich booked for construction in China. The 8,200 cu m Alice Cosulich, built by Nantong CIMC...
View ArticleMSC tipped to bid for Italian air cargo operator
Italian newspaper Il Corriere della Sera is reporting cash-rich Mediterranean Shipping Company (MSC), the world’s largest containerline, is tabling a bid for Italian air cargo operator AlisCargo....
View ArticleSaipem picks up pair of drilling contracts worth $550m
Italy’s Saipem has won two new offshore drilling contracts worth a total of around $550m. The first contract will keep the 2008-built jackup rig Perro Negro 7 working in the Middle East for 10 more...
View ArticleSaipem scores $1bn in offshore deals
Italian energy services contractor Saipem has been awarded two new contracts in the Middle East and Brazil worth around $1bn. Saipem said that the first contract was for EPCI offshore activities in the...
View ArticlePrysmian awarded Hornsea 3 cabling contract
Italy’s Prysmian has secured a new contract from Danish utility Ørsted to supply inter-array subsea cables for the Hornsea 3 offshore wind farm in the UK. Under the contract, subject to a final...
View ArticleTwo confirmed dead in Grimaldi conro blaze at Port Newark
Two firefighters were confirmed dead after a blaze tore through the Grimaldi Group-controlled conro vessel at the Port of Newark in New Jersey late Wednesday. Firefighters were dispatched around 21.30...
View ArticleShell and Eneco venture contracts Rosetti Marino for hydrogen production and...
Italian fabricator and shipyard Rosetti Marino has won a contract from Dutch offshore wind farm developer CrossWind, a joint venture between Shell and Eneco, to build a green hydrogen production and...
View ArticleIgnazio Messina sells last conros
Brokers report Italy’s Ignazio Messina & Co has sold its last four 2,920 teu large conros to Abu Dhabi Ports for an en bloc price of $400m, far more than the $294m the owner paid for the ships when...
View ArticleFincantieri comes onboard nuclear power project
A European triumvirate is looking at developing nuclear propulsion for ships. French nuclear developer newcleo has signed an agreement with Italian yard Fincantieri and class society RINA to carry out...
View ArticleSaipem lands $1.75bn contract in the Romanian Black Sea
Saipem has been awarded a contract worth €1.6bn ($1.75bn) by OMV Petrom for Neptun Deep infrastructure development offshore Romania. Neptun Deep is the largest natural gas project in the Romanian Black...
View ArticleMSC takes over Milan air cargo carrier
MSC has acquired the majority stake of AlisCargo Airlines, a Milan-based air freight carrier. The parties confirmed that the transaction is a first step towards the acquisition of 100% of AlisCargo...
View ArticleItalian fund buys into RINA in $198m deal
RINA is getting a new shareholder in a three-way deal that will see Milan-based private equity firm Fondo Italiano d’Investimento buy a 33% stake in the Italian classification society. The transaction,...
View ArticleAxpo charters small-scale LNG bunkering vessel
Switzerland’s largest renewable energy producer Axpo has signed a ten-year deal to charter an LNG bunkering vessel. The long-term agreement has been signed with Italy’s Gas and Heat SpA and the San...
View ArticleSaipem bags $1bn offshore contract in Libya
Italy’s Saipem has won a contract worth around $1bn $1 for the development of the shallow-water Bouri natural gas field offshore Libya. Mellitah Oil & Gas, a consortium formed by National Oil...
View ArticleSaipem wins $700m worth of contracts with Eni and BP
Italian energy services contractor Saipem has sealed a pair of new deals with energy majors Eni and BP worth a total of around $700m. The contract with Eni is for Saipem’s semisubmersible drilling rig...
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