Page 18 - Industrial Plant 2015

2. Main Sectors of Activity

Power Other Italian industry. Above all, human capital is the key
Petrochemicals Oil & Gas asset for the sector. The Industrial Plant industry
counts a total workforce of about 100,000 people, 2/3
of which are technicians, and 1/3 highly specialized
workers.
Thanks to their abilities to succeed on the international
markets, our associated companies can count on an
order backlog of over 50 billion euros, which implies a
full work load over the next year and beyond. This
backlog portfolio allows them to operate on a medium
term basis, offsetting today’s downturn of the oil prices.

Fig. 2 - Main sectors The Industrial Plant engineering is also a significant A favorable look to the future
of activity of Italian driver for some associated activities which are pulled in
Plant Industry along with a specific project (e.g. the financial and Thanks to the Italian companies’ competitiveness and

administrative arrangements), and afterwards (e.g. to their strong presence in the emerging markets, we
maintenance and assistance). can look favorably to the future, in a general context of
gradual economic recovery and overall growth.

Technology and people, core Investment demand seems to be growing, with good
mid-term prospects.

values of the Italian industry

On the global scene, the Italian presence started in the Thanks to their abilities to succeed on
Sixties when the first Italian General Contractors the international markets, our associated
started to build industrial plants and infrastructures in
South America, North Africa and Middle East. Gradually, companies can count on an order
the Italian companies conquered the leading positions backlog of over 50 billion euros, which
in the international rankings, together with American, implies a full work load over the next
Japanese and French companies. As an example, in
the design and execution of large oil and gas projects year and beyond

in North Africa and Middle East, Italian firms were Above all, the traditional industrial plants markets
second only to the Korean ones in 2014 (figure 3). appear to have very attractive growth prospects. For
The global income of the main Italian contractors has instance, the North Africa and Middle East areas are

Middle East and NorththAusfrirseincfaromL7abrilligonedoEllarPs oCf mCidodlen8t0srato cmtoreAwgarorwdingsat-a 32%0/y1ea4r pace in 2015 and are expected

than 35 billion dollars in 2014. to highlight a 4% rise in 2016, despite political tensions

Technology and people are the core values of the in the Mediterranean Region.

Fig. 3 - Middle East ITALIAN
and North Africa large OTHER
EPC contract awards OTHER EUROPEAN
2014 (Source: Saipem AMERICAN
Data, 2015) JAPANESE
KOREAN
IndustrIal Plants - May 2015 INDIAN

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Source: Saipem Data (2015)