The Ministry of Investment has signed three Memoranda of Understanding (MoUs) with the Republic of Italy to support mutual ...
The United Arab Emirates plans to invest $40 billion in Italy, the two countries said at a bilateral summit in Rome, without ...
Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.
KCB charged from behind to defeat Menengai Oilers 29-27 at the KCB Sports Club and Mang’eni reckons they were outplayed despite coming out winners.
Eni and Iren Ambiente have started the permitting process for an innovative circular methanol and hydrogen production plant at Eni’s refinery in Sannazzaro de' Burgondi (Pavia), Italy. The plant will ...
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 ...
Deal comes several years after the companies, active in the offshore oil and gas and offshore wind markets, first explored a ...
The companies don't expect any significant impact on headcount from the merger. Saipem's largest shareholders Eni and CDP Equity, and Subsea7's largest shareholder Siem Industries have all entered ...
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 ...
The two contracting giants have reached agreement in principle on key terms of a possible merger through the execution of a ...
Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies ...
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...
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