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

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

SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

In recent years, Petrobras has been resorting to awarding engineering, procurement, construction and installation (EPCI) ...

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.

- US oil major ConocoPhillips (NYSE:COP) agreed to sell its interests in the US Gulf offshore fields Ursa and Europa to Shell ...

Find insight on Germany’s new government, the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Saipem and Subsea7 have reached an agreement in principle on the key terms of a potential merger. The merged company will have a global workforce of over 45,000 people, including more than 9,000 ...

The merger will be structured as a merger of equals with a fixed 50-50 exchange ratio. Saipem will be the surviving entity, ...

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 ...

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