Sept.12 – The Dean of the Milan Polytechnic, Giovanni Azzone, and the CEO of Saipem, Umberto Vergine, signed an agreement in today the Aula Magna of the University of Milan to collaborate in the creation of the “Saipem International Chair” within the University. The agreement is valid for three years, and will see activities begin in the 2014-2015 academic year. Each year, a teacher of international renown in the field of plant engineering will be assigned the Project Management Chair. The courses will be taught in English so as to attract both Italian and foreign students. The Politecnico di Milano, which the Academic Ranking of World Universities 2014 ranks first in Italy and 18th in Europe in the Engineering / Technology category, “strongly believes in the collaboration between universities and private companies, not only to implement a fruitful knowledge exchange, but also to increase its attractiveness to foreign students and teachers, and to train professionals able to compete outside of Italy.” Saipem operates in over 70 countries, with 95% of its sales generated outside Italy.