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Floating concept

            capital investors. This expertise is not available in-  snapshots of as-build and reporting in live the con-
            side Saipem, but is very important to have a com-  struction progress… Finally, third focus area is rela-
            prehensive view about non-technological aspects.   ted to diversification of Saipem’s businesses. Here
            In other words, sometimes we may be “in love”   we talk about Renewables and Infrastructures. We
            with startup’s innovative technology, but the team   are already present in both segments, but there is
            or business model behind it are not fully suitable for   a strong ambition to grow, especially in emerging
            collaboration. Mind The Bridge, via so-called “sca-  niches. Floating wind and solar, hydrogen, smart
            leup summits”, connect us to the most prominent   cities, just to name few”.
            innovation centers - San Francisco, London, Tel-
            Aviv. During these events we meet in 1:1 format   And how are you pursuing this from Saipem’s
            carefully pre-selected startups, and also exchange   organizational point of view?
            experiences and lessons learned with peer compa-  “Various organizational changes have occurred
            nies who are also active in open innovation. Lastly,   in  our  divisional  organizations  in  order  to better
            Polytechnic of Milan is our traditional trusted R&D   catch the opportunities in the “Energy Transition”
            partner. Their extension into the world of startups   business; the Onshore division created the ‘New
            scouting, with particular focus on Italian ecosy-  Energies’ business line since the last year, while the
            stem, complements the overall open innovation   Offshore division created a new business line na-
            agenda of Saipem”.                        med ‘Renewables’.
                                                      On the other side, in 2017 we launched the new
            What are the critical issues, now?        division, named XSIGHT, dedicated to high added-
            “If we talk about critical issues, that we try to ad-  value engineering services. One of the main objec-
            dress by innovation, I would group them in three   tives is just  that of strengthening  activities in the
            categories. First is related to decarbonization of Oil   decarbonization business, i.e. biofuel /bio mass,
            & Gas Value chains. We actively develop new va-  renewables, circular economy and CO2 manage-
            lue propositions to assist our Clients to minimize   ment”.
            overall emissions from their plants, either already in
            operation or planned for future.  We have all seen   More specifically, you are heading the ‘Inno-
            latest “net-zero” announcements by major compa-  vation Factory’ of Saipem – tell us more about
            nies, so you can imagine that every ton of GHG   it.
            emissions, direct and indirect, will count from now   “I can talk a lot about the Factory because I obser-
            on. Of course, our Clients can identify promising   ved its inception, then had the luck to be one of the
            technologies directly, and they often do. But the role   innovators, and finally was invited to lead it. Having
            of EPC contractors as solutions integrators should   seen many incubators, accelerators, hubs of other
            not be underestimated. Second issue is an intere-  companies, I can confidently say that Saipem’s in-
            sting one, because it is related to one of our strong   novation factory is quite unique for several reasons.
            sides – historically largest portfolio of major capital   Firstly, we do not outsource innovation, even par-
            projects. This means that for coming years we will   tially. We let our people innovate, albeit for a certain
            have to manage a gigantic volume of construction   period and part-time. In this way we ‘unleash’ our
            activities. We are experts of this, but we also want   brightest minds, at the same time keeping feet firm
            to know which innovative technologies can help us   on the ground and finding best ways to implement
            to do this activity even better. Imagine drones with   internal and external mega-ideas. Secondly, we
            3D cameras flying around construction site, taking   combine working on specific topics of strategic im-



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