The merger aims to benefit clients by leveraging a global reach across more than 60 countries, a diversified fleet and a ...

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies will restart by ...

Saipem signed a binding merger deal to acquire Subsea7 and thereafter rebrand into Saipem7, which would operate 'a full ...

Italy's Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore ...

Italian contractor says market competition is 'very strong' so company will be 'selective' about contracts it signs ...

Saipem expects the $20-billion Mozambique LNG project, halted for four years, to restart construction by the end of summer.

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NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Transaction structure and terms confirmed in line with ...

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over ...

Saipem SpA is considering a roughly 4 billion-euro ($4.5 billion) restructuring package that could include a cash injection and asset sales, according to people familiar with the matter, in the ...

Milan—Saipem SpA, the oil services company controlled by oil major Eni SpA, said on Friday that it has been awarded a $1.8 billion pipeline contract for the troubled Kashagan natural gas and oil ...

The merged entity, renamed Saipem7, will have revenue of approximately €21 billion ($24.73 billion), EBITDA in excess of €2 ...