Saipem and national research institute to collaborate on geothermal project

Saipem, together with the Italian National Institute of Geophysics and Volcanology (INGV) have signed a non-onerous collaboration agreement to carry out researches on new geothermal energies. In particular, INGV will make available its expertise in the analysis and the evaluation of geothermal resources, while Saipem will provide its expertise as a global solution provider in the engineering and construction of energy plants field and in onshore and offshore drilling, including HPHT (High Pressure High Temperature) wells. The Mediterranean basin, especially Italy, are particularly rich in geothermal resources, but today they are marginally used despite the great potential.