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Italy's Saipem SPMI.MI and its Norwegian rival Subsea7 SUBC.OL announced yesterday a merger to form a leading global player in offshore energy ...

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

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

The merged entity, renamed Saipem7, will have revenue of approximately €21 billion ($24.73 billion), EBITDA in excess of €2 ...

The new company, to be named Saipem7, is expected to generate $24.7bn in revenues and an order backlog worth $50.6bn ...

TotalEnergies is locked in talks with the Mozambique government about creating the right conditions to restart work on its ...

Saipem and Subsea7 have announced that they have entered into a binding merger agreement, on terms and conditions in line with what previously communicated at the time of the signing of the Memorandum ...

Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company ...

Two offshore energy firms hope to become a "global leader" in the sector with a bold and ambitious merger. Subsea7 and Saipem ...

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

Subsea7 will be incorporated in the UK and headquartered in London. Following completion, it will be governed by a seven-member board comprising Alessandro Puliti (Chair), John Evans (Chief Executive) ...