CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Saipem S.p.A.

CFD on the Saipem SpA (SPM.MI) stock quote.

Product Type: Stock CFD
Sector: Energy Industry: Energy Equipment & Services
Country: Italy Currency: EUR
Trading Hours: According to market Measurement Unit: Shares
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Description:

SAIPEM is an Italian oil and gas industry contractor based in Milan. It offers construction and offshore and onshore drilling services. The company installs sub-sea pipelines, introduces fixed platforms, manages complete onshore construction projects, and drills for oil, mainly in Italy, Algeria, Nigeria, and the Arabian Peninsula. The company has designed and constructed several pipelines such as Blue Stream and Greenstream. The company has designed and constructed several pipelines such as Blue Stream and Greenstream.
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Interesting Facts:

  • The company is based in over 60 countries and has more than 46,000 workers.
  • The fleet number of onshore drilling rigs is approximately 110.
  • In April 2018, the company revealed it had been awarded several new rig contracts worth a total of nearly $200 million.
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