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

The management of both Saipem and Subsea7 cited the merger as being a "compelling strategic rationale" in creating a global ...

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

The merger will be structured as an EU cross-border statutory merger, whereby Subsea7 will be absorbed into Saipem, which will subsequently be renamed Saipem7. The new entity will remain incorporated ...

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

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

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

The CEO of Italy's Saipem said that the company is confident a $20 billion liquefied gas project for TotalEnergies in ...

The companies said the merger between them will create a global leader in energy services. The company will be renamed Saipem7 and have revenue of approximately €21Bn, EBITDA in excess of €2Bn, will ...

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

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Saipem S.p.A. and Subsea7 S.A. have entered into a binding merger agreement, based on terms aligned with the Memorandum of Understanding signed on 23 February 2025, according to the company's release.