On the sidelines of Baker Hughes Annual Meeting 2026 held in Florence, Italy, the Minister of Petroleum and Mineral Resources, Karim Badawi, met with Alessandro Puliti, CEO of Saipem, a leading Italian company specialized in offshore energy engineering and drilling activities, to discuss opportunities to expand the company’s activities in Egypt.
The Minister praised the strategic partnership with Saipem, commending its long-standing track record in Egypt, particularly in the development of Zohr and Burullus fields.
The two sides also reviewed the preparation for West Delta Deep Marine (WDDM) Phase 12 gas development and production project, as well as the company’s plans to upgrade and modernize its fleet of rigs and equipment operating in Egypt to support the intensification of exploration activities.
For his part, the CEO of Saipem expressed the company’s pride in its partnership with the Egyptian Petroleum Sector, asserting Saipem’s commitment to providing the latest sustainable engineering technologies and digital transformation solutions to support Egypt’s emission reduction goals. He also praised the attractive investment climate provided by the Ministry for international companies.
Saipem, the Italian engineering, procurement and construction company, has an established presence in Egypt’s energy sector through major offshore and onshore projects. It played a central role in the development of the Zohr gas field, the largest natural gas discovery in the Mediterranean, leading engineering, procurement, construction and installation works from initial design to subsea pipeline installation, helping accelerate production to meet Egypt’s energy needs
