SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the "Proposed Combination") ...

Offshore wind company Orsted has finalized the purchase of over 64 acres in Sussex County, Delaware under their subsidiary ...

The proposal would repeal the Offshore Wind Industry Workforce Training Center Committee, and the Offshore and Port ...

Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to ...

Scotland’s ambitions in offshore wind are driven by net-zero targets, energy transition and economic growth. In each of these cases, there is ...

ExxonMobil and its partners are investing nearly $200 million to develop a new natural gas project in Australia's Gippsland ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Operators of the Leviathan gas field offshore Israel plan to substantially increase production capacity with a $2.4 billion ...