Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...

MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

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 ...

Saipem is a worldwide leading oil and gas contractor. Saipem America provides project management, engineering, procurement and a complete range of construction services for conventional offshore ...

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 is facing hurdles to finalise an offshore wind project at Courseulles-sur-Mer in France and a contract awarded by Thai Oil for the expansion of a refinery in Thailand. Commenting on full ...

Saipem has a 12 month low of $1.43 and a 12 month high of $2.84. The company’s fifty day moving average price is $2.58 and its 200-day moving average price is $2.40. Get Saipem alerts: ...