French utility giant EDF has confirmed the Calvados offshore wind farm under construction off the northwestern coast of ...

Heerema Marine Contractors was an early mover in North Sea oil and gas, and now looks more to wind and decommissioning ...

The project involves increasing the capacity of the plant near Venice from the current 400,000 to 600,000 tons per year and ...

Saipem SPM-2.09 % decrease; red down pointing triangle shares rose in early morning trading after it was awarded a $4 billion engineering, procurement and construction contract from QatarEnergy LNG.

Italian energy services provider Saipem has secured a new offshore contract, valued at approximately $2bn (€1.8bn), for the ...

Milan, Luxembourg, 23 February 2025-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 ...

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

Saipem's EBITDA is undervalued compared to Subsea 7, despite similar offshore activities and less leverage, which gives them the worse hand in the 50:50 Subsea 7 merger.

Saipem S.p.A SAPMF, an Italian offshore services firm, has secured two contracts for offshore work in Saudi Arabia. These contracts are part of a long-standing agreement between the Italian firm ...

At least four leading international contractors or consortia are vying for a multibillion-dollar contract from QatarEnergy ...

The contract was awarded through a competitive dual FEED process, which provides for design work to be conducted by both ...