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

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

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, ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1512 ET – Oil futures gain in rangebound trade with the market, ...

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 ...

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

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

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

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Domino's Pizza Inc.'s stock fell 4.2% Monday after the chain reported a fourth-quarter profit and revenue miss amid weaker-than-expected U.S. same-store sales growth. The company cited the ongoing ...

Lists in disarray after a volatile session. Wall Street also mixed awaiting Nvidia and Inflation. In Milan, eyes on risk, down Prysmian and Saipem ...