Saipem SpA
MIL:SPM
Saipem SpA
Other Current Assets
Saipem SpA
Other Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Saipem SpA
MIL:SPM
|
Other Current Assets
€662m
|
CAGR 3-Years
19%
|
CAGR 5-Years
14%
|
CAGR 10-Years
6%
|
||
Rosetti Marino SpA
MIL:YRM
|
Other Current Assets
€31m
|
CAGR 3-Years
3%
|
CAGR 5-Years
15%
|
CAGR 10-Years
N/A
|
Saipem SpA
Glance View
In the intricate world of oil and gas, Saipem SpA stands as a prominent player, weaving a legacy deeply entrenched in the exploration, production, and transportation of energy resources. Originally a subsidiary of Italian energy giant ENI, Saipem has matured over the decades into a formidable engineering and construction company specializing in the oil and gas sector. Its operations span the globe, with a significant footprint in offshore and onshore projects, which include building complex infrastructures, pipelines, rigs, and platforms essential for the extraction and processing of hydrocarbons. By leveraging its expertise in harsh and challenging environments, Saipem not only constructs but also maintains critical infrastructure, ensuring the seamless continuity of energy flows from remote blocks in the ocean to metropolitan refineries and distribution networks. Saipem's business model revolves around delivering comprehensive and innovative solutions, which enable it to generate revenue from various facets of the energy sector. Through its Engineering & Construction (E&C) and Drilling divisions, Saipem designs and executes large-scale projects, crafting bespoke solutions tailored to client needs across different terrains and climates. The company's Drilling division, both onshore and offshore, further complements its portfolio, providing services to national and international oil companies. Revenue streams are strengthened by long-term contracts with robust pipelines of projects, underscoring its role as a reliable partner in the energy supply chain. In an era where energy demands are evolving, Saipem continues to adapt by venturing into technology innovation and sustainability initiatives, seeking to navigate the shift towards cleaner energy sources while maintaining its prowess in traditional oil and gas ventures.
See Also
What is Saipem SpA's Other Current Assets?
Other Current Assets
662m
EUR
Based on the financial report for Jun 30, 2024, Saipem SpA's Other Current Assets amounts to 662m EUR.
What is Saipem SpA's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
6%
Over the last year, the Other Current Assets growth was 15%. The average annual Other Current Assets growth rates for Saipem SpA have been 19% over the past three years , 14% over the past five years , and 6% over the past ten years .