On the sidelines of Baker Hughes Annual Assembly 2026 held in Florence, Italy, the Minister of Petroleum and Mineral Assets, Karim Badawi, met with Alessandro Puliti, CEO of Saipem, a number one Italian firm specialised in offshore power engineering and drilling actions, to debate alternatives to broaden the corporate’s actions in Egypt.
The Minister praised the strategic partnership with Saipem, commending its long-standing observe file in Egypt, significantly within the growth of Zohr and Burullus fields.
The 2 sides additionally reviewed the preparation for West Delta Deep Marine (WDDM) Part 12 gasoline growth and manufacturing mission, in addition to the corporate’s plans to improve and modernize its fleet of rigs and gear working in Egypt to help the intensification of exploration actions.
For his half, the CEO of Saipem expressed the corporate’s delight in its partnership with the Egyptian Petroleum Sector, asserting Saipem’s dedication to offering the newest sustainable engineering applied sciences and digital transformation options to help Egypt’s emission discount targets. He additionally praised the engaging funding local weather supplied by the Ministry for worldwide firms.
Saipem, the Italian engineering, procurement and development firm, has a longtime presence in Egypt’s power sector by main offshore and onshore initiatives. It performed a central function within the growth of the Zohr gasoline area, the most important pure gasoline discovery within the Mediterranean, main engineering, procurement, development and set up works from preliminary design to subsea pipeline set up, serving to speed up manufacturing to fulfill Egypt’s power wants
