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Saipem SpA (Saipem SpA) Payments on Behalf of Employees


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What is Saipem SpA Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


Saipem SpA (Saipem SpA) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Payments on Behalf of Employees
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.