The management of both Saipem and Subsea7 cited the merger as being a "compelling strategic rationale" in creating a global ...

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

The merger will be structured as an EU cross-border statutory merger, whereby Subsea7 will be absorbed into Saipem, which will subsequently be renamed Saipem7. The new entity will remain incorporated ...

Saipem expects the $20-billion Mozambique LNG project, halted for four years, to restart construction by the end of summer.

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

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

The CEO of Italy's Saipem said that the company is confident a $20 billion liquefied gas project for TotalEnergies in ...

The companies said the merger between them will create a global leader in energy services. The company will be renamed Saipem7 and have revenue of approximately €21Bn, EBITDA in excess of €2Bn, will ...

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

Italian contractor says market competition is 'very strong' so company will be 'selective' about contracts it signs ...

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