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by Legal Desire
8 October 2026

Clifford Chance advises Saipem on the sale of their entire stake held by Saipem International B.V. in Saudi Arabian Saipem Limited

M&A Energy Completed Saudi Arabia

Advising firms

Deal team

15 lawyers named
LawyerFirmSeniorityPracticeOffice
Paolo Sersale Lead Clifford Chance Partner Not stated Not stated
Francesca Casini Clifford Chance Counsel Not stated Italy
Majid AlSheikh AS&H Clifford Chance Partner Not stated Saudi Arabia
Omar Rashid AS&H Clifford Chance Partner Not stated Saudi Arabia
Aysh Chaudhry AS&H Clifford Chance Partner Not stated Saudi Arabia
Federica Incoronato Clifford Chance Not stated Not stated Milan
Alex Savoia Clifford Chance Not stated Not stated Milan
Alberto Nicastro Clifford Chance Not stated Not stated Milan
Hamza Anwar Clifford Chance Not stated Not stated Riyadh
Intesar Alkhayyal Clifford Chance Not stated Not stated Riyadh
Rana Alkhowaiter Clifford Chance Not stated Not stated Riyadh
Sara Mancinelli Clifford Chance Counsel Tax Not stated
Mario Martignago Clifford Chance Senior associate Tax Not stated
Maria Bazzini Clifford Chance Senior associate Antitrust and FDI Not stated
Asfand Gulzar Clifford Chance Senior associate Antitrust and FDI Not stated

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Stated terms

Stated value
Not stated
What the figure measures
Not stated
Client
SaipemSell-side
Counterparties
ADES Holding Company (Buy-side)