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

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

BAKU, Azerbaijan, February 24. During the state visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan, and in the ...

Italy’s Saipem and Norway’s Subsea7 have reached an agreement to merge the two companies, to create an industry leader in ...

Saipem struck an agreement in principle on the key terms of a potential acquisition of Subsea7, which would result in a ...

Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies ...

Spinergie noted that the two contractors have complementary client lists with Subsea7’s top five clients being Petrobras, BP, ...

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”) through the execution of a ...

The companies don't expect any significant impact on headcount from the merger. Saipem's largest shareholders Eni and CDP Equity, and Subsea7's largest shareholder Siem Industries have all entered ...

Saipem and Subsea7 have announced a $4.6 billion merger to create a new oil field services giant, Saipem7, with significant ...

Deal comes several years after the companies, active in the offshore oil and gas and offshore wind markets, first explored a ...

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 ...