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Saipem SpA (WBO:SPM2) Other Liabilities for Insurance Companies


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What is Saipem SpA Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


Saipem SpA Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (WBO:SPM2) » Definitions » Other Liabilities for Insurance 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.