How Meta has been making strategic moves to reinforce its digital infrastructure and sustainability commitments with a ...

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

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.

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

Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.

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

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 ...

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 ...

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 ...

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

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of ...