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.

Italian energy-services provider Saipem SPM0.88%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...

MILAN, Feb 26 (Reuters) - The rationale for a merger between Italy's Saipem (SPMI.MI), opens new tab and Norway's Subsea 7 (SUBC.OL), opens new tab is to combine the fleets of the two energy ...

Italian oil and gas industry services provider Saipem and Subsea7 have reached an agreement for a potential merger to establish a “global leader” in the energy services sector. The surviving ...

Kepler Cheuvreux upgraded Saipem (SAPMY) to Buy from Hold with a price target of EUR 3.40, up from EUR 3. The firm sees less earnings risk post the the company’s Q4 report. See what stocks are ...

March 5 (Reuters) - Italy's Saipem (SPMI.MI), opens new tab has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen Infrastructure Partners ...

Saipem reported $321.08 million in net profit for 2024, up 70.9 percent from 2023 helped by higher volumes and the deployment of new rigs. Saipem SpA on Tuesday reported EUR 306 million ($321.08 ...

Saipem and Divento have entered a collaboration agreement to leverage Saipem's proprietary STAR 1 technology for floating wind projects in Italy, including on the 7 Seas Med and the Ichnusa ...

MILAN : Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European supplier of onshore and offshore energy services, the two ...

Saipem ha sottoscritto con un pool di quattordici primarie istituzioni finanziare nazionali e internazionali una nuova «Revolving Credit Facility» dell’importo di 600 milioni di euro, con durata di 3 ...

Milano — Saipem e la norvegese Subsea7 hanno sottoscritto un protocollo d’intesa per una fusione tra i due gruppi. La nuova entità sarà denominata Saipem7 e avrà un portafoglio ordini ...

Titolo Saipem ancora sotto i riflettori a Piazza Affari. Dopo l’annuncio del progetto di fusione con la norvegese Subsea7, ieri sera il consiglio di amministrazione del gruppo guidato da ...