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Saipem and Siram Veolia sign a Memorandum of Understanding to collaborate on energy transition projects in Italy

Saipem and Siram Veolia have signed a Memorandum of Understanding (MoU) relating to a collaboration agreement for the implementation of projects focused on the energy transition in Italy. In particular, the two companies intend to pursue opportunities in the treatment and reuse of water and waste, the generation of biogas and biomethane, the energy efficiency of industrial plants, and the implementation of new technologies for heat and power generation.

Through this MoU, Saipem and Siram Veolia will also evaluate specific initiatives that fall within the Recovery and Resilience Facility Plan, through which funds will be available to support Member States of the European Union in the post-COVID-19 phase.

The agreement also aims to contribute to the evolution of the Italian industrial segment by leveraging the skills of the companies, both of which are excellences in the energy and environmental sectors.

Saipem will supply solutions aimed at increasing the sustainability of production complexes and enabling cutting-edge technologies for utility plants. To this end, Saipem can bring its consolidated skills in the design and implementation of execution projects for utility plants, integrating different processes, solutions, and technologies, taking into account the knowledge and experience gained in the construction of power generation, water, waste and gas treatment plants.

Siram Veolia, the Italian subsidiary of the Veolia Group, world leader in the management and optimisation of environmental resources, is active in both the public and private Italian Energy Efficiency, Optimised Water and Special Waste Management markets and has, among its main targets, the plant financing, and maintenance and operation.

Maurizio Coratella, Chief Operating Officer of Saipem’s Onshore E&C Division, said: “The collaboration agreement we signed with Siram Veolia aims to pool our mutual experiences and specificities with the goal of contributing to the country’s energy transition process. In this sense we are committed to offering our clients innovative solutions that support them in reaching their goals and that are adequate for meeting the challenges posed by the new energy and environmental scenario, diversifying our activities and investing in renewables”.

Emanuela Trentin, Director of Siram Veolia, commented: “We are very satisfied with the partnership with Saipem in this time of great challenges for the relaunch of our country. The consolidated and complementary experience in the implementation and management of large projects can provide the guarantee to use the resources of the Recovery and Resilience Fund in compliance with the established timeframes and performances. The ability to propose Public Private Partnership projects also makes it possible to determine a multiple effect of the available resources.”

Saipem is a leading company in the engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organised into five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets which it uses to identify solutions aimed at satisfying client needs. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.

Siram Veolia is a solid and innovative group that offers sustainable solutions for the management and optimisation of environmental resources, supporting public bodies and companies in the transition to a circular economy. Siram, present in Italy for over 100 years, operates from 130 offices with a team of over 3,000 professionals and with a turnover of 700 M€. It has belonged to the multinational group Veolia, leader in Europe and in the world in environmental services, since 2014. Siram designs, finances, implements and manages highly innovative works with excellent solutions in terms of sustainability and low environmental impact. Over 99,000 tons of CO2 have been saved in the last year thanks to energy efficiency measures; over 400 water purification plants operated; 1,600 tons of special hospital waste and 138,000 tons of liquid waste were collected, handled and disposed of.