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Date: 2005

Deal: Italian firm, Snamprogetti which was bought by Saipem in 2006, began a feasibility study in 2005 for an Iran-India pipeline from South Pars according to a recent GAO report (GAO Report, March 23, 2010).

Date: 2006

Deal: Saipem's website lists an ongoing project as part of the expansion of the Bandar Abbas refinery in Iran in which the company is providing engineering, procurement and supervision to NIOC (Saipem Website, accessed April 28, 2010).

Date: January 2007

Deal: According to an Iranian news agency, Saipem was in talks with the Petroiran Development Company (PEDCO) to develop the Azadegan oil field in Southern Iran (Mehr News Agency (Iran), January 23, 2007).

According to Saipem's website, the company has a long history in Iran going back to the early 1970s (Saipem Website, accessed April 28, 2010). The company's website also lists offices in Tehran for both Saipem and Snamprogetti (Saipem Website, accessed April 28, 2010).

Italian energy firm ENI owns a reported 43% of Saipem, according to the firm's website (Saipem Website, accessed April 28, 2010).