The merger will be structured as a merger of equals with a fixed 50-50 exchange ratio. Saipem will be the surviving entity, ...

The collaboration will prioritise potential investments in key regions such as Africa, North America, and Central Asia ...

ADQ, a global sovereign investor focused on critical infrastructure and supply chains, has signed a Memorandum of Understanding (MoU) with Eni, a global energy tech company headquartered in Rome, to ...

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

The two contracting giants have reached agreement in principle on key terms of a possible merger through the execution of a ...

From the union between SaipemItalian engineering company specialized in the oil sector, and the Norwegian subsea7Norwegian ...

TotalEnergies and Eni signed an agreement to export gas offshore Cyprus via Egypt, hailing the deal as a "milestone" towards ...

The president of Cyprus says a pair of agreements outlining how sizeable natural gas deposits inside Cypriot waters will get ...

Claudio Descalzi, the Chief Executive Officer (CEO) of Eni, an Italian multinational energy company, has paid a courtesy call on President John Dramani Mahama in Accra. A statement issued by Eni ...

President John Mahama and the Chief Executive Officer of Eni, Claudio Descalzi engaged in discussions centered around the oil exploration firm’s ongoing contributions to Ghana’s energy sector ...

A champion of African gas extraction, Claudio Descalzi – an Italian physicist from Milan – has turned the continent into his company’s prime hunting ground. Here is a closer look at the network that ...

Trade between China and Africa reached more than $295bn in 2024, an increase of 6.1% on the previous year, according to a recent report by the Chinese customs administration. We break down the trade ...