and subsequently allowed Saipem to scrap the old Eni logo and design its own, with the objective of creating a new, more autonomous company focusing on oilfield services. In 2019, Saipem entered the airborne wind energy or energy kite systems industry via an agreement with KiteGen. Controversies In 2010, Saipem agreed to pay a penalty of US$30 million to settle a Nigerian investigation into a bribery case involving the construction of Nigeria LNG facilities. Saipem is also under trial in Italy over charges relating to the same case. In September 2018, an Italian court found Saipem and former CEO Pietro Tali, guilty of corruption over bribes in Algeria. The former CEO was sentenced to four years and nine months in prison and 197.9 million euros were seized from the company. In September 2018, an Italian court found Saipem and former CEO Pietro Tali, guilty of corruption over bribes in Algeria. The former CEO was sentenced to four years and nine months in prison and 197.9 million euros were seized from the company.[22] In January 2020, after an appeal brought before the Milan Court of Appeal, the court finally acquitted Saipem and all managers involved. Corporate affairs Headquarters and offices Saipem's headquarters are located in San Donato Milanese, a suburb of Milan, Italy. Saipem has offices in over 60 countries, including: Far East and Oceania: Australia, China, India, Indonesia, Malaysia, Singapore, Thailand. Europe: Italy, France, Belgium, Croatia, Germany, Great Britain, Ireland, Luxemburg, Norway, The Netherlands, Portugal, Spain, Switzerland, Turkey, Poland, Romania America: Argentina, Brazil, Canada, Ecuador, Mexico, Peru, U.S.A., Venezuela, Suriname CIS: Azerbaijan, Kazakhstan, Russia, Georgia Africa: Algeria, Angola, Cameroon, Congo, Egypt, Gabon, Libya, Morocco, Nigeria, Sudan, Mozambique Middle East: United Arab Emirates, Saudi Arabia, Iran, Oman, Qatar, Iraq, Kuwait Subdidiaries The group headed by Saipem S.p.A. includes approximately 90 companies and consortia, based all around the world. "Petromar’s" shares are divided 70% (Saipem) 30% (Sonangol) https://www.petromar.co.ao/about/ Board of directors The current chairman of Siapem S.p.A. is Francesco Caio since 3 May 2018. Before his appointment as chairman, Caio was CEO of Poste Italiane. The current CEO of Saipem is Stefano Cao, since 30 April 2015. Cao has spent his entire professional career working for Saipem and Eni. Main Shareholders 's On the basis of the information available and the communications received pursuant to CONSOB Resolution 11971/1999 (Issuers Regulations), the shareholders holding shares totalling to more than 3% of the share