Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

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Chevron Corporation CVX has awarded Shelf Drilling a one-year contract extension for its Scepter jack-up rig operating ...

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 ...

Deal comes several years after the companies, active in the offshore oil and gas and offshore wind markets, first explored a ...

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

The two contracting giants have reached agreement in principle on key terms of a possible merger through the execution of a ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

In a release sent to Rigzone by the UK Department for Energy Security and Net Zero (DESNZ), the organization announced that ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.