PT Saipem Indonesia

Indonesiasaipem.com

PT Saipem Indonesia is a subsidiary of Saipem S.p.A., an Italian multinational engineering and construction company headquartered in San Donato Milanese, Italy. Based in Jakarta, the entity provides engineering, procurement, construction, and installation services primarily for energy sector projects in Indonesia and the region.

Its activities focus on offshore and onshore developments, including floating production storage and offloading units, subsea tiebacks, and pipelines. Saipem S.p.A. maintains operations in over 60 countries with Eni holding approximately 30 percent of its shares.

Also known as PT. SAIPEM INDONESIA.

Projects Saipem Indonesia is involved in

chemXplore tracks 1 project involving Saipem Indonesia, of which one is active.

Saipem Indonesia's role on them: EPCI.

1 Under Construction

1 new construction.

Expected to start operating
2026
none
2027
none
2028
1 project
2029
none
2030
none
2031
none
What moved recently
  • 24 July 2026 Eni-Petronas Searah JV Kutei Basin Gas Development · Under Construction · Indonesia

Contractors and licensors are recorded on this project For subscribers

Targeting: Natural gas (1), Natural gas condensates (petroleum) (1)

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Latest news on Saipem Indonesia

28 August 2026
PETRONAS 1H 2026: resilient results and energy-security focus

Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.

29 July 2026
Eni second-quarter 2026 results and updated capital plan

Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.

7 July 2026
Saipem awarded USD 2 billion EPCI contract for Kutei FPSO in Indonesia

EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.

8 June 2026
PETRONAS and Eni form Searah JV to boost regional energy security

50:50 JV combines 19 gas assets across Malaysia and Indonesia, targets 300k→500k boe/d and plans $20bn investment backed by a $6bn credit facility.

18 March 2026
Eni approves dual FIDs for Indonesian deep‑water gas hubs

Dual FIDs for Gendalo/Gandang and Geng North/Gehem offshore East Kalimantan. Start 2028; plateau 2029 at 2 bscfd gas and 90,000 bpd condensate. Tie-backs to Jangkrik, new FPSO.

Where its projects are

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