Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation.

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 ...

Oslo-listed energy service group Subsea 7, which plans to merge with Italian rival Saipem, said on Thursday its core profit ...

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

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

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 ...

Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin ...

Kepler Capital analyst Kevin Roger maintained a Hold rating on Saipem SpA (SPEA – Research Report) on February 24 and set a price target of ...

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