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Berenberg analyst Richard Dawson raised the firm’s price target on Saipem (SAPMY) to EUR 3.40 from EUR 3.35 and keeps a Buy rating on the ...

Italian oil and gas industry services provider Saipem and Subsea7 have reached an agreement for a potential merger to ...

MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

Saipem and Divento have entered a collaboration agreement to leverage Saipem's proprietary STAR 1 technology for floating ...

Berenberg Bank analyst Richard Dawson CFA maintained a Buy rating on Saipem SpA (SPEA – Research Report) yesterday and set a price target of ...

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 ...

Italian energy-services provider Saipem SPM1.24%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...

TotalEnergies SE (TTE) and APA Corporation's (APA) Suriname project are examples of major developments that Saipem will be part of developing. The backlog continues to grow despite revenue growth ...

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 signs deal with Divento for STAR 1 use in floating offshore wind facilities Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and ...