Track Record

Saipem S.p.A


The Transmed gas pipeline

Site manager for the laying of the Transmed subsea pipeline (also known as the “Enrico Mattei Pipeline”) for the transport of natural gas between Algeria and Italy through Tunisia. With total length of 2,200 km (1,470 of it in Italy) and its 600 meters of water depth, this pipeline was – at the time – the deepest underwater infrastructure for the transport of natural gas.



Saipem received the prize for the “Best Technological Product of the Year” at the Offshore Technology Conference in Houston (Texas).
Read the document “New solutions and improvements to pipelaying developed during construction of very deep water sealines within transmediterranean project”


Castoro Sei: projects in the United Kingdom, Denmark and the North Sea

As project manager, and later as area and operation general manager, he played several roles in the development of Saipem’s offshore activities. Significant among them was the Danish project to construct a 500-km pipeline system with the use of, amongst others, the Castoro Sei pipelaying ship.
See the article


Saipem 7000

Saipem purchased Saipem 7000, the largest, most innovative vessel in the world for the installation of offshore platforms.


Blue Stream

As group executive chairman, he finalized the contract to launch a project, through the use of Saipem 7000, to develop the Blue Stream pipeline to transport natural gas from Russia to Turkey through the Black Sea (transport capacity 16 billion CM/year). One of the salient moments was the crucial passage of Saipem 7000 through Istanbul on 6 August 2011.

Passaggio Saipem 2000 sotto il ponte del Bosforo

Eni S.p.A


Gas and oil field and facility at Kashagan (Kazakhstan)

ENI, where Stefano Cao was chief operating officer of the exploration & production division, assumed the role of sole operator in the exploration and development of the Kashagan field in the Northern Caspian Sea, which at the time was the largest oil discovery in the previous 30 years.


Eni Corporate University

Stefano Cao serves Chairman of Eni Corporate University – Eni’s controlled company specialized in Humar Resources and Training at global level – up to 2006

2003 L’impianto di Karachaganak - Kazahstan
El Alamein

The Karachaganak facility (Kazakhstan)

Startup of condensate and natural gas production in the ENI-operated facility at Karachaganak in Western Kazakhstan.


El Alamein – Egypt

Visit to the country where ENI is the leading hydrocarbon producer with 500,000 boe/day.



Visit to the country and the monument commemorating the ENI staff killed during the Biafra war.

Sintonia SA


Entry into Sintonia SA

Stefano Cao is appointed managing director and CEO of the holding company in the infrastructure sector. As a result of this appointment, Stefano Cao is appointed to the board of directors of Atlantia S.p.A., Autostrade per l’Italia S.p.A., Gemina S.p.A., Aeroporti di Roma S.p.A., Sagat S.p.A., Aeroporto di Firenze S.p.A. and Telecom Italia S.p.A.
Read “Stefano Cao appointed chief executive officer of Sintonia SA”

Post Sintonia SA

June 2012

He joins the Board of Directors of A2A

He joins the Board of Directors of A2A, up to April 29th, 2015


Opening of the new terminal of Aeroporto di Firenze

Stefano Cao at the opening of the new Florence airport terminal with Mr Matteo Renzi, mayor of Florence at that time.

Cao all'inaugurazione dell'Aeroporto di Firenze

Spig S.p.A.

He is appointed as Chairman of Spig S.p.A., a global provider of custom-engineered cooling systems and services, up to April 2015

Saipem S.p.A


The Return To Saipem

Stefano Cao is appointed Chief Executive Office of Saipem S.p.A
See the article

Fit Future Strategy London

The new 2016-2019 strategy is presented and
“Fit for The Future” plan is launched

In London, Stefano Cao presents the strategic plan to turn Saipem into a stronger and more independent company through financial consolidation and keen policies, more efficient business model and accurate risk management.



Saipem is awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project, which will be carried out using semisubmersible pipelay vessel Castoro Sei and the trench/pipelay barge Castoro 10.


Saipem joins SPIEF Forum in Saint Petersburg

On the occasion of 2016 SPIEF Forum in Saint Petersburg, Saipem and Novatek sign a strategic partnership agreement in LNG field with Italian Prime Minister, Mr Matteo Renzi, and President of Russian Federation, Mr Vladimir Putin, attending the signature.

Stefano Cao SPIEF

La Fabbrica dell'Innovazione

Fabbrica dell’Innovazione, an innovative ideas incubator, is established with the aim to provide brand-new and disruptive solutions in the renewed energy sector scenario.


UN Global Compact

Saipem is officially accepted into the United Nations Global Compact, an initiative that encourages companies all over the world to contribute to promoting a sustainable global economy.


The Strategic Plan for 2017-2020

Saipem approves the Strategic Plan for 2017-2020, which identifies a series of measures that will allow the Company to face more challenging market conditions, with the recovery expected to take longer than previously estimated

June 2017

Hywind Scotland

Saipem completes the construction of Hywind Scotland, the world’s largest wind far in Scottish North Sea owned by Norvegian Statoil.


XSIGHT by Saipem

Saipem introduced XSIGHT by Saipem, its new high-value engineering service division


Saipem 60th Anniversary

Saipem celebrates its 60th anniversary with a devoted event at Teatro Della Vetra, in Milan.


The Offset Installation Equipment technology

Saipem handed over the Offset Installation Equipment (OIE) technology, designed for use during a subsea well incident where direct vertical access to a well head is not viable.


Lewek Constellation

Saipem buys Lewek Constellation, an Ultra Deepwater Rigid and Flexible Pipelay, 3000 ton Heavy Lift and Construction vessel.

Lewek Constellation

The High-Speed Railway Milan-Brescia

Saipem, through CEPAV 2 Consortium, signs a contract for the realisation of the first route section of the High Speed/High Capacity Brescia-Verona railway with Rete Ferroviaria Italiana.

Stefano Cao