Saipem SpA is an Italy based turnkey contractor, which operates in the oil and gas industry. It is engaged in the provision of engineering, procurement, project management and construction services in the design and the execution of large-scale offshore and onshore projects, and technological competencies such as gas monetization and heavy oil exploitation. Saipem operates through two business units: Engineering and Construction and Drilling. The company provides engineering procurement construction and installation services to the oil industry, both onshore and offshore, with a particular focus on the most technologically challenging projects. The company was founded in 1957 and is headquartered in San Donato Milanese, Italy.