The management of both Saipem and Subsea7 cited the merger as being a "compelling strategic rationale" in creating a global ...

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

The companies said the merger between them will create a global leader in energy services. The company will be renamed Saipem7 and have revenue of approximately €21Bn, EBITDA in excess of €2Bn, will ...

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Saipem S.p.A. and Subsea7 S.A. have entered into a binding merger agreement, based on terms aligned with the Memorandum of Understanding signed on 23 February 2025, according to the company's release.

Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company ...

Subsea7 will be incorporated in the UK and headquartered in London. Following completion, it will be governed by a seven-member board comprising Alessandro Puliti (Chair), John Evans (Chief Executive) ...

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

Subsea 7 ( ($GB:0OGK) ) just unveiled an announcement. Subsea 7 has announced an extraordinary general meeting (EGM) to discuss a proposed merger ...

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 ...

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Luxembourg – 24 July 2025 – Subsea 7 S.A. (Oslo Børs: ...

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