Saipem SpA

Common Name
Saipem
Country
Italy
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
30,000
Ticker
SPM
Exchange
EURONEXT MILAN
Description
Saipem S.p.A., a renowned engineering and construction company, operates primarily within the oil and gas industry. With a strong global presence, Saipem focuses on providing comprehensive services in...

Saipem Energy Data Preview

In 2023, Saipem disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Saipem also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Saipem also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Saipem also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Saipem's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Renewable Energy Consumed
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Non-renewable Energy Consumed
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Electricity Consumed
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Saipem's Energy Renewability

In 2023, Saipem consumed a total of 14.72 million Gigajoules of energy across its operations. Of this total, 2.84% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.16% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Saipem's Energy Renewability Rate

3%

How much of Saipem's energy consumed is renewable?

In 2023, Saipem consumed a total of 14.72 million Gigajoules of energy, of which 2.84% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Saipem has considerable room to improve its energy sustainability strategy.

Are Saipem's energy practices becoming more sustainable?

Since 2021, Saipem's total energy consumption remained relatively stable, but fell by 15.24% in 2023, possibly indicating early signs of energy efficiency improvements.

Over the same period, the share of renewable energy increased by 1,111.79%, but declined by 27.91% in 2023, suggesting recent volatility or sourcing constraints.

Overall, Saipem’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Saipem's Renewable vs Non-renewable Energy Over Time

17.89 M8.89 M110.68 k17.89 MGigajoules (GJ)202120222023100%96%97%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Saipem's Energy Consumption & Production Mix

In 2023, Saipem disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Saipem's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Saipem's Energy Consumed by Sources and Technologies

Other Oil Products(48.9%)Diesel(30.8%)Natural Gas(11.2%)

What are the main sources and generation technologies behind Saipem's energy consumption?

In 2023, Saipem's total energy consumption was primarily sourced from

  • Other Oil Products (48.93%)
  • Diesel (30.82%)
  • Natural Gas (11.17%)

How diverse is Saipem’s energy consumption mix?

In 2023, Saipem consumed energy from 8 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

Insights into Saipem's Energy Inflows & Self-Sufficiency

In 2023, Saipem reported total energy inflows of 138,665.88 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 137,282.4 Gigajoules purchased from external suppliers and 1,383.48 Gigajoules generated through internal production. This corresponds to a production share of 1%, reflecting a 46.45% percentage point increase from the previous year (2022) and a 58.18% percentage point increase since 2021.

Saipem's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Saipem's Energy Purchased vs Produced Over Time

202120222023065 k130 k195 k260 kGigajoules (GJ)100%99%99%
  • Total Energy Produced
  • Total Energy Purchased
Want Full Access to Saipem's Energy Dataset?
Sign Up