February 24, 2025 Italy's Saipem, Norway's Subsea 7 to create ... Norway's top oilfield Aker BP expects Norway's largest oilfield Johan Sverdrup to produce at peak levels well into 2025, it ...

With the last module of the Johan Sverdrup riser platform lifted into place ... the Wellhead Access Deck and the Access ways. Italian oil contractor Saipem faces new challenges after raising 3.5 ...

Equinor Energy AS has let an integrated engineering, procurement, construction, and installation contract to Technip FMC for ...

TechnipFMC awarded a large integrated engineering, procurement, construction and installation contract by Equinor for Johan ...

TechnipFMC secured a contract with Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The contract is an integrated engineering, procurement, construction and installation ...

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Saipem struck an agreement in principle on the key terms of a potential acquisition of Subsea7, which would result in a combined company called Saipem7. Image by LeManna via iStock Saipem SpA has ...

Italian oil field services provider Saipem has struck a deal to combine its operations with rival Subsea7 in a tie-up worth over $4.6 billion. The new entity, to be named Saipem7, will have ...

Saipem and Subsea7 are highly complementary in terms of market offerings and geographies. The combination would enhance value for shareholders, and all stakeholders, both in the current market and ...

Saipem (OTCPK:SAPMF) (OTCPK:SAPMY) said Sunday it agreed to merge with rival oilfield services company Subsea7 (OTCPK:SUBCY) (OTCPK:ACGYF) in an all-stock deal valued at ~$4.63B. According to the ...

Italian oil services company Saipem is close to a merger with Norwegian rival Subsea7, Italian newspaper La Repubblica on Sunday reported without naming sources. The potential deal would create an ...

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the sector picks up after years of sluggish activity. The Italian group ...