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 ...

The Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, announced the resumption of development work at the ...

The merger will be structured as a merger of equals with a fixed 50-50 exchange ratio. Saipem will be the surviving entity, ...

Shares of energy companies ticked up as traders hedged their bets on the outlook for global trade and military conflicts. President Donald Trump said he was in talks with Russian President Vladimir ...

Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America, it said.

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.

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

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 ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 creating a company focused on drilling, ...