Field Development

Saipem secures crucial approval for $500 million landmark Guyana subsea project

ExxonMobil took FID for Hammerhead development earlier this week after receiving required regulatory approvals

Saipem chief executive Alessandro Puliti.
Saipem chief executive Alessandro Puliti.Photo: SAIPEM
Middle East and South Asia EditorNew Delhi
Published 26 September 2025, 06:18Updated 26 September 2025, 09:33
GuyanaSaipemHammerheadExxonMobilStabroek