Subsea 7 thrives with profitable contracts, strong backlog, and a positive margin outlook, driven by strategic project mix ...

Norway-based Tampnet, a notable player in offshore private 5G, has a major new multi-site gig with oil firm Aker BP, and a ...

Detailed price information for Subsea 7 S.A. ADR (SUBCY) from The Globe and Mail including charting and trades.

Detailed price information for Subsea 7 S.A. ADR (SUBCY) from The Globe and Mail including charting and trades.

The proposed merger with Saipem presents potential challenges for Subsea 7, including execution risks and significant one-off costs. These factors have influenced CFRA’s decision to downgrade the ...

“Our close and agile collaboration with our clients allows us to make possible cost-effective and reliable offshore solutions for their needs. We are pleased to be able to support this client in ...

Luxembourg - 27 February 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the fourth quarter and ...

Proposed Combination of Subsea7 and Saipem On 23 February 2025, Subsea 7 S.A. announced an agreement in principle on the key terms of the proposed merger with Saipem S.p.A. In accordance with the ...

For markets: Resolving to optimize offshore endeavors. The merger between Saipem and Subsea 7 is expected to energize the offshore services market, especially in drilling, installation, and ...

Subsea 7 S.A. (OTCPK:SUBCY) is getting merged with Saipem SpA (OTCPK:SAPMF), a pretty similar business though with more onshore EPC activities and also some EPC for other infra projects in the mix.

The rationale for a merger between Italy's Saipem and Norway's Subsea 7 is to combine the fleets of the two energy services companies to service customers quicker and cut costs, the CEO of the Italian ...

Alessandro Puliti, Saipem's Chief Executive, said in a press conference that the strategic rationale for combining Subsea 7 and Saipem fleets is to better serve customers, faster, and with lower ...