Saipem

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. The company is "One Company" organized into five business lines - Asset Based Services, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. With 8 fabrication yards and an offshore fleet of 21 construction vessels, Saipem is committed to technological innovation and a sustainable future. Listed on the Milan Stock Exchange, it operates in over 50 countries and employs about 30,000 people of over 120 nationalities. The latest funding round amounted to €393.00M in a Post-IPO Secondary investment on 12 June 2024, signaling investor confidence in the company's strategic direction. Saipem's focus on sustainability and technological advancement positions it well for the ongoing energy transition towards Net Zero, making it an intriguing prospect for investors looking for exposure in the energy, oil and gas, and construction industries.