Saipem expands to North Tyneside

A global leader in the oil and gas sector is launching a new office in North Tyneside.

Saipem Limited has announced it will be opening an office in North Tyneside Council’s Swans Centre for Innovation (CFI) based on the Swans Offshore Energy Park in Wallsend. Its services include drilling, engineering, procurement, construction and installation of pipelines and complex offshore projects in the oil and gas and renewable energy sectors.

In addition to its main office in Surrey, Saipem has chosen to open an office in the North East of England in order to strengthen links with the region’s established supply chain.

The company is part of the Saipem Group which currently operates across 60 countries and employs 34,472 staff worldwide.

North Tyneside Elected Mayor, Norma Redfearn CBE said: “It’s always a great pleasure welcoming another high calibre occupier to the Swans Centre for Innovation. Yet again, the Swans Offshore Energy Park has provided the perfect blend of location, high quality premises and access to a strong local supply chain which is very attractive to companies in the energy sector. I wish Saipem every success as it grows and develops its operations here.”

The Swans CFI is a specialist business centre, which was officially opened in July 2016. The centre is home to a range of small and medium-sized businesses in the advanced engineering, subsea, marine and offshore energy sectors. Existing tenants include M2 Subsea, GAC Services (UK) Ltd, ALE Heavy Lift, Swan Hunter, Industrial Marine Hydraulics, Jackson Hogg and Tyne Tec Engineering.

As a result of its success and with funding support from the North East LEP Local Growth Fund Programme, plans are now in place to extend the Swans CFI.  This will include refurbishing the upper three floors of the five storey building, creating additional space for innovative businesses to join the expanding offshore cluster which has already been established. As well as providing offices and meeting facilities, the Centre also has the potential to include laboratory and R&D space for companies specialising in this sector.

Discussing the move to Wallsend, Vince McCarthy, Renewables and Decommissioning Execution Manager for Saipem Ltd said: “We look forward to fully engaging with the local supply chain to the benefit of our Engineering, Procurement, Construction and Installation delivery model.“

For more information about North East England’s Offshore Energy Sector please visit Energy Gateway North East England

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