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 ...

National Ocean Industries Association President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL ...

Scotland’s ambitions in offshore wind are driven by net-zero targets, energy transition and economic growth. In each of these cases, there is ...

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

Cyan Renewables has confirmed Vard Vung Tau shipyard in Vietnam has laid the keel of the company’s first newbuild service ...

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 ...

Nigeria's energy sector is experiencing a renaissance, driven by the rise of indigenous oil companies and a renewed focus on ...

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

In a release sent to Rigzone by the UK Department for Energy Security and Net Zero (DESNZ), the organization announced that ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies will allow it ...

Our fair value estimate for Seatrium is SGD 2.92 per share, which implies a 2025 price/book value of about 1.50 times. The weighted average cost of capital used in our discounted cash flow model is ...