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

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 ...

MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

Saipem is a worldwide leading oil and gas contractor. Saipem America provides project management, engineering, procurement and a complete range of construction services for conventional offshore ...

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 ...

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the sector picks up after years of sluggish activity. The Italian group ...

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 ...

Both companies, stalwarts of offshore oil & gas, also have offshore wind-facing operations or those in the wider power sector. “The combination of Saipem and Subsea7 will be renamed Saipem7, and will ...

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 ...

MILAN (Reuters) - 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.

MILAN (Reuters) - 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 ...