Technology group Wärtsilä has signed a five-year Lifecycle Agreement with NMDC Group, one of the largest dredging and marine ...

DOF Group ASA (FRA:UV3) reports a 24% revenue increase and outlines strategic plans for fleet optimization and future growth.

Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America, it said.

Shares of energy companies ticked up as traders hedged their bets on the outlook for global trade and military conflicts. President Donald Trump said he was in talks with Russian President Vladimir ...

Core Power, NorthStandard, and Lloyd’s Register (LR) jointly published Advanced Maritime Nuclear: A unique opportunity for ...

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

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

Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.

European deals are finally starting to show signs of life, with more than $10 billion of takeovers announced at the start of ...

OMP was acquired by New York-based EnTrust Global last year in an effort to drum up new business in Scandinavia as bank ...

The Norwegian Subsea 7 SA and the Italian oil services company Saipem will unite in a deal valued at around $4.63 billion, ...

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 ...