Shares of energy companies ticked up as traders hedged their bets on the outlook for global trade and military conflicts. President Donald Trump said he was in talks with Russian President Vladimir ...

How Meta has been making strategic moves to reinforce its digital infrastructure and sustainability commitments with a ...

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

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.

OMP was acquired by New York-based EnTrust Global last year in an effort to drum up new business in Scandinavia as bank ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

Innovex International, Inc. (NYSE: INVX) (“Innovex”), a leading provider of products and technologies to the oil and gas ...

The Norwegian Subsea 7 SA and the Italian oil services company Saipem will unite in a deal valued at around $4.63 billion, ...

Saipem to merge with Subsea7 in 50-50 deal. Find the latest news from the maritime industry on the PortNews website.

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 ...

Shares in Subsea7 were 7.8% higher in morning European trade while Saipem shares pared early gains to trade 1% higher. The deal, which expands the companies' geographic coverage and fleet, builds on a ...