BIT:SPMEnergy Services
Is Saipem (BIT:SPM) Quietly Reframing Its Moat Around Subsea Tech And Local Talent?
In recent days, Saipem UAE was recognized by the UAE Ministry of Industry and Advanced Technology’s Industrialists Program for its Emiratisation support, while Saipem also secured a contract to supply an underwater remotely operated vehicle to Italy’s ISPRA for its oceanographic vessel.
Together, these developments highlight Saipem’s dual focus on advanced subsea technology and long-term local capability building in key international markets.
We’ll now examine how Saipem’s latest ROV...