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Technology and operational innovation

2017 Results

31MLN

R&D expenditure in 2017.

+55MLN

Overall innovation expenditure in 2017.

~2,350

Patents in force.
SDGs
2018 Objectives
Refine and implement the new technology vision.
Maintain the high investment in technology innovation.
Innovation as a strategic leverage for Saipem

Due to changes in the global scenario on energy sources and increased exploitation costs, the Oil & Gas industry needs to focus on innovation in order to cope with near-future challenges. The new Innovation model at Saipem is the synthesis between the urgency to implement concrete solutions in the short term and the need to develop novel solutions reflecting evolving macro-scenarios. Furthermore, the digitalisation option is being pursued extensively in both the outlined time-spans of innovation.

Our main targets concerning short term innovation are: a) Reducing costs and delivery times to market for O&G projects, b) Advancing further exploitation of Oil/Natural Gas, c) Pursuing diversification inside and outside the O&G market, and d) Protecting the environment.

The main mid-long term innovation targets, for the most part residing outside the 4-year plan, consist of a) guaranteeing full exploitation of Oil & Gas resources in future decades, and b) an overall reduction in CO2 emissions. It is further expected that the adoption of digitalisation technologies will favour the rise of new value propositions both in the EPCI business model and in new service models.

SAIPEM’s way of coping with short and mid-long term scenarios
SHORT TERM
DRIVEN BY PROJECTS
  • Increase efficiency
  • Boost productivity
  • Increase market coverage

MID LONG TERM
DRIVEN BY MACRO SCENARIOS
  • Prepare for future challenges

INCREASE EFFICIENCY

DIGITAL TRASFORMATION

offer new value propositions

SAIPEM’s strategies for coping with both scenarios
TECHNOLOGY DEVELOPMENT
Find innovative solutions to improve operational performance and reduce the environmental impact of saipem’s activities.

TRANSFORMATIVE INNOVATION
Innovate the way Saipem operates to boost productivity and chase new value propositions.

TECHNOLOGY
INtelligence
Scout disruptive technologies chase new value propositions and discover adjacent growth opportunities.

FACING TODAY’S CHALLENGES THROUGH INNOVATION

Short-term objectives are guided by our operational projects and the main drivers are:

– cost optimisation and process efficiency, for which we have adopted different strategies such as product innovation in the offshore business, working on innovative solutions that can be combined into new Subsea Field Architectures, or digitalisation for process innovation, focusing on management and construction information modelling.

– advancing further exploitation of Oil and natural Gas since, although renewables are projected to grow quickly, oil and gas will still represent a large percentage of the energy demand in future decades and our efforts to ensure more sustainable production are focusing on Gas Monetization and Heavy Oils upgrading.

– pursuing diversification inside and outside the Oil &Gas market, focusing on renewables to cope with a less carbon intensive scenario, and on Life of Field technologies in the O&G business.

– protection of the environment, as witnessed by the continuous development of innovative methodologies and solutions for oil spill response preparedness.

FACING MID-LONG TERM CHALLENGES THROUGH INNOVATION

The medium-long term innovation objectives reflect instead the challenges deriving from the evolution of macro-scenarios, mainly in the energy sector:

– guaranteeing full exploitation of O&G resources in future decades, focusing on subsea processing to reduce costs by moving surface operations and equipment to the seabed, and on technology scouting options to exploit the gas resource in the long term.

– overall reduction of CO2 emissions, reached through diversified actions such as focusing attention on emerging technologies (new marine advanced wind farms and use of hydrogen), application of novel hybrid approaches based on the adoption of green technologies, purification of Natural Gas/ capture of CO2 , circular solutions to sustainably treat waste or residual feedstocks.

A SNAPSHOT OF SUSTAINABLE INNOVATIONS RECENTLY BROUGHT TO THE MARKET

• For the Zohr project (Egypt), we developed an extremely extended ROV (Remotely Operated Vehicle) tether (1.9 km) allowing touchdown monitoring during pipe laying with a ROV directly from the pipe layer, contributing, among others, to CO2 emission reduction.

• For the Egina Project (Nigeria), a new method for prefabricating the Buoyancy Tank has been implemented to reduce the risks of working in confined spaces.

• Increased operational safety during installation of FDS 2, the New Self Upending procedure for Buoyancy Tanks.

• New Saipem vessel Motion forecast systems increased pipe laying and topside module transportation safety (i.e. Shah Deniz and Ivar Aasen projects).

Environment

Energy efficiency

We are constantly committed to the containment of GHG emissions.