BIT:SPMEnergy Services
Assessing Saipem (BIT:SPM) Valuation After New ISPRA Underwater Vehicle Contract
Saipem (BIT:SPM) has attracted fresh attention after agreeing to supply an underwater remotely operated vehicle to Italy's ISPRA, linking its subsea engineering expertise directly to oceanographic research and potential long term project visibility.
See our latest analysis for Saipem.
The ISPRA contract lands at a time when Saipem’s share price has a 30 day return of 21.73% and a 90 day return of 43.87%, with 1 year total shareholder return of 54.62% pointing to strong recent momentum after a...