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 ...

Italy's Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore ...

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

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

The merged entity, renamed Saipem7, will have revenue of approximately €21 billion ($24.73 billion), EBITDA in excess of €2 ...

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

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 achieved a semester of further growth, confirming the constant progression in operating and financial performance over ...

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over ...