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 ...

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

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

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 ...

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

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

Saipem ( OTCPK:SAPMF) ( OTCPK:SAPMY) said Sunday it agreed to merge with rival oilfield services company Subsea7 ( ...

Saipem and Subsea7 have announced a $4.6 billion merger to create a new oil field services giant, Saipem7, with significant ...

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

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the “Proposed Combination”) through the execution of a ...

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the "Proposed Combination") ...

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