Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...

Saipem is facing hurdles to finalise an offshore wind project at Courseulles-sur-Mer in France and a contract awarded by Thai Oil (TOP.BK), opens new tab for the expansion of a refinery in Thailand.

Italian oil field services provider Saipem has struck a deal to combine its operations with rival Subsea7 in a tie-up worth over $4.6 billion. The new entity, to be named Saipem7, will have ...

Italian energy-services provider Saipem SPM0.88%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...

Italian oil and gas industry services provider Saipem and Subsea7 have reached an agreement for a potential merger to establish a “global leader” in the energy services sector. The surviving ...

Saipem struck an agreement in principle on the ... with an increased ability to optimize project schedules for clients in oil, gas, carbon capture and renewable energy”, the statement said.

In the fourth quarter Saipem won oil and gas contracts from BP PLC in Indonesia, Shell PLC in Nigeria and TotalEnergies SE in Suriname, as well as a carbon storage contract from the Northern ...

Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 in a deal valued at about $4.63 billion. Subsea7 shareholders will receive 6.688 Saipem ...

Italian oil services company Saipem is close to a merger with Norwegian rival Subsea7, Italian newspaper La Repubblica on Sunday reported without naming sources. The potential deal would create an ...