With just one month remaining until the inaugural Congo Energy&Investment (CEIF) 2025, set to take place from March 24-26 in Brazzaville, the Republic of Congo will host a dynamic program of ...

The merger will be structured as a merger of equals with a fixed 50-50 exchange ratio. Saipem will be the surviving entity, ...

Since taking office in 2022, Meloni has actively sought closer ties with the Gulf states, despite opposition highlighting ...

The collaboration will prioritise potential investments in key regions such as Africa, North America, and Central Asia ...

ADQ, a global sovereign investor focused on critical infrastructure and supply chains, has signed a Memorandum of Understanding (MoU) with Eni, a global energy tech company headquartered in Rome, to ...

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.

The United Arab Emirates plans to invest $40 billion in Italy, the two countries said at a bilateral summit in Rome, without ...

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 ...

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 ...

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