The rationale for a merger between Italy's Saipem and Norway's Subsea 7 is to combine the fleets of the two energy services ...

The payout rises to 40% of free cash flow. For 2025, the group expects revenues of 15 billion and new orders of 50 billion.

Saipem in 2024 was awarded new contracts totalling a record €18.812 billion versus €17.659 billion in the previous year, and ...

Italian offshore services firm Saipem plans to merge with Norwegian rival Subsea7 in an all-share deal valued at $4.6 million ...

Italian energy contractor Saipem , which has agreed to merge with Norwegian rival Subsea 7 , said on Tuesday it would resume ...

A merger between Italian eng'neering giant Saipem and Norwegian undersea engineering multinational Subsea 7 shows the ...