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Saipem SpA (Saipem SpA) Accounts Payable & Accrued Expense for Financial Companies


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What is Saipem SpA Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Saipem SpA (Saipem SpA) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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.