Saipem and AVEVA Sign a MoU to Develop AI Solutions for Engineering in the Energy and Infrastructure Sector
01.03.2025 By Tank Terminals - NEWS

January 03, 2025 [Saipem]- Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial software, have signed a Memorandum of Understanding (MoU) to co-develop enhanced solutions based on artificial intelligence (AI) and machine learning to support the engineering design and construction of energy and infrastructure facilities.

 

The collaboration between Saipem and AVEVA will focus on three areas of interest: optimisation of both 3D modelling and project planning, streamlining of material procurement and project supply chain.

By implementing AI-driven solutions, Saipem aims to enhance the efficiency and effectiveness of projects throughout the entire lifecycle, from estimation to plant design and construction. AVEVA will support Saipem in creating software that leverage generative and predictive design to develop multiple simulation scenarios to optimise plant design in 1D, 2D and 3D. The goal is to reduce the time required to complete project tasks, foster better communication among stakeholders, improve consistency, and allow people to concentrate on value-added and strategic activities.

Paolo Albini, Chief Supply Chain, Digital and IT Officer at Saipem, commented: “Saipem’s goal is to define a new way of delivering projects by leveraging on our deep experience and the potential offered by Artificial Intelligence applications to develop optimized, fast and innovative engineering solutions that enable our clients to reduce the time-to-market and support them in the path towards Net Zero”.

“Our ambition is to leverage on AVEVA and Saipem’s unique expertise, to jointly develop cutting-edge AI-driven engineering solutions. The new solutions will enhance the performance, efficiency and delivery of world-class engineering projects, ensuring that the carbon footprint is minimised at each step” commented Caspar Herzberg, CEO, AVEVA.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Hawkins, Inc. Expands in Texas with Acquisition of Redbird Chemical, Inc.
12.04.2025 - NEWS
December 04, 2025 [Globe Newswire]- Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and s... Read More
US LNG Exports will Shrink if Margin Squeeze Intensifies
12.04.2025 - NEWS
December 04, 2025 [Reuters]- Soaring U.S. natural gas prices are eroding profit margins for the n... Read More
YPF CEO Sees Green Light for Argentina LNG Project with Eni, XRG in Mid-2026
12.04.2025 - NEWS
December 04, 2025 [Reuters]- The chief executive of Argentina’s state-controlled energy com... Read More
China’s Oil Demand to Remain Weak Until At Least Mid-2026
12.04.2025 - NEWS
December 04, 2025 [Oil Price]- China’s oil demand will likely stay tepid for months ahead, at l... Read More