Local Content

Maximising local content – in terms of employment and supplies – is one of the main features of Saipem’s business philosophy.
The local content strategy provides considerable social benefits to the host country, in terms of investments, employment, development of subcontractors and other factors. From Saipem’s perspective, maximising local content means also developing continuing relationships with the host country and with local clients and suppliers. This often has beneficial effects on project costs and, most important, diminishes the overall risk profile of the project in question.
In 2008 over 85% of the personnel came from the countries in which it operated.

Another aspect of local employment is the growing utilisation of talent from around the world on corporate projects beyond their original home bases. At the end of 2008, almost 70% of Saipem’s global multicultural workforce of over 37,000 employees was from over 110 nationalities.

Saipem invests substantially in local facilities, ranging from engineering centres and support yards for maintenance and storage of construction equipment to fully-fledged fabrication yards, where sections of major projects are assembled for onshore field construction or offshore installation. Following the gradual expansion of existing fabrication facilities in Nigeria, Angola, the UAE, Kazakhstan and Congo, and well established engineering and project management centres in Italy, France, the UK, Norway, Romania, Croatia and India, recent years have seen the vigorous development of fabrication centres in Saudi Arabia and Indonesia as well as engineering and project management centres in Algeria, the UAE and most recently Canada.