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.

STAR 1 is a semi-submersible floating wind foundation tech that is lightweight and easy to build, assemble and maintain.

Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...

Saipem has introduced Star1, a cutting-edge floating wind foundation designed to support next-generation offshore wind ...

Saipem has presented its Star1 semi-submersible floating wind foundation technology, which was recently selected for two ...

Italian subsea infrastructure firm Saipem has been contracted to provide its semi-submersible wind foundations for two ...

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 ...

Oslo-listed energy service group Subsea 7 , which plans to merge with Italian rival Saipem , said on Thursday its core profit rose 53% last year, in line with its previous guidance.

The Star1 technology is now ready for Front-End Engineering Design, followed by detailed design and industrial-scale ...

GreenIT, to apply its Star 1 floating wind technology on two projects offshore Italy. Saipem was selected after a competitive ...

Italian energy-services provider Saipem SPM0.88%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...