Explore the Subsea 7 S.A. and Saipem SpA merger offering cost synergies, better vessel utilization, and strong shareholder ...

Kepler Cheuvreux upgraded Saipem (SAPMY) to Buy from Hold with a price target of EUR 3.40, up from EUR 3. The firm sees less earnings risk post ...

Saipem's offshore business is performing well, with significant order intake and better margins. Read more about the Subsea 7 ...

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

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

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

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

Italian contractor presents optimistic four-year plan as it continues turnaround from heavy losses in 2020 and 2021 ...

Saipem has overcome problems that delayed installation of the first monopile socket by months at EDF-led Calvados/Courseulles ...

Oslo-listed energy service group Subsea 7 , which plans to merge with Italian rival Saipem , said on Thursday its core profit rose 53% last year, in line with its previous guidance.

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

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