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 ...

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

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

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

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the ...

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

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

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.

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

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