BAKU, Azerbaijan, February 24. During the state visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan, and in the ...

The Norwegian Subsea 7 SA and the Italian oil services company Saipem will unite in a deal valued at around $4.63 billion, the company said on Sunday. Following the news, Subsea 7 shares surged over 7 ...

Saipem to merge with Subsea7 in 50-50 deal. Find the latest news from the maritime industry on the PortNews website.

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 ...

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

Deal comes several years after the companies, active in the offshore oil and gas and offshore wind markets, first explored a ...

The companies don't expect any significant impact on headcount from the merger. Saipem's largest shareholders Eni and CDP Equity, and Subsea7's largest shareholder Siem Industries have all entered ...

KKR & Co. Inc. (NYSE:KKR) entered into definitive agreements with CVC, a private markets manager, to become the largest ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, ...

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

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of ...