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

Subsea 7 thrives with profitable contracts, strong backlog, and a positive margin outlook, driven by strategic project mix ...

Milan—Saipem SpA, the oil services company controlled by oil major Eni SpA, said on Friday that it has been awarded a $1.8 billion pipeline contract for the troubled Kashagan natural gas and oil ...

Item 1 of 2 A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. Picture taken November 19, 2015.

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 SpA is considering a roughly 4 billion-euro ($4.5 billion) restructuring package that could include a cash injection and asset sales, according to people familiar with the matter, in the ...

Italian energy services provider Saipem has secured a new offshore contract, valued at approximately $2bn (€1.8bn), for the development of an oil and gas field in Saudi Arabia. This contract ...

Saipem does not have any information explaining Monday's share movements, a spokesman for the Italian energy contractor said, after the stock closed down 5.7%. Skip to main content.

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at around $4.63bn. Saipem7 is said to have a combined backlog of €43bn, ...

Italy's Saipem Weighs Capital Boost After Drilling Specialist Issued Profit Warning. Group may seek 1 billion-euro to 1.5 billion-euro injection; Italian drilling specialist cites pandemic, ...

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.