Saipem expects the $20-billion Mozambique LNG project, halted for four years, to restart construction by the end of summer.

Saipem’s SPM second-quarter results reflect the significant acceleration in offshore oil and gas activity around the world. We maintain our no moat rating and EUR 2.50 fair value estimate ...

Saipem signed a binding merger deal to acquire Subsea7 and thereafter rebrand into Saipem7, which would operate 'a full ...

The merger aims to benefit clients by leveraging a global reach across more than 60 countries, a diversified fleet and a ...

Aramco’s LTA programme offers offshore greenfield and capacity maintenance projects to select group of contractors ...

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Transaction structure and terms confirmed in line with ...

Italy's Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore ...

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies will restart by ...

Saipem SpA is considering a roughly 4 billion-euro ($4.5 billion) restructuring package that could include a cash injection and asset sales, according to people familiar with the matter, in the ...

Italy's Saipem Weighs Capital Boost After Drilling Specialist Issued Profit Warning. Group may seek 1 billion-euro to 1.5 billion-euro injection; Italian drilling specialist cites pandemic, ...

Milan—Saipem SpA, the oil services company controlled by oil major Eni SpA, said on Friday that it has been awarded a $1.8 billion pipeline contract for the troubled Kashagan natural gas and oil ...