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

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

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

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 ...

OMP was acquired by New York-based EnTrust Global last year in an effort to drum up new business in Scandinavia as bank ...

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

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

DOF Group ASA (FRA:UV3) reports a 24% revenue increase and outlines strategic plans for fleet optimization and future growth.

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Shares in Subsea7 were 7.8% higher in morning European trade while Saipem shares pared early gains to trade 1% higher. The deal, which expands the companies' geographic coverage and fleet, builds on a ...

Britain's Wood Group < WG.L> is back in talks to be acquired by Dubai's Sidara, Financial Times reported, sending shares of the oilfield services and engineering firm up over 30%. Saudi Arabia's ...