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

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 ...

Rice's whales will lose some protections after a notice requiring oil and gas companies to take precautions around the ...

Principal Financial Group Inc. lifted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent filing ...

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the "Proposed Combination") ...

Suriname's oil and gas sector is experiencing a surge in investment and exploration, with major projects and significant ...

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

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

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Association President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL ...

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

Operators of the Leviathan gas field offshore Israel plan to substantially increase production capacity with a $2.4 billion ...

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 ...