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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, 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 ...

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 ...

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

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, ...

Saipem has announced the renewal of its Long-Term Agreement (LTA) with Saudi Aramco, extending the partnership until the end of 2027. This renewal confirms Saipem's position on the exclusive list ...

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.

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

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.

Access Saipem stock price history with daily data, historical prices, all-time highs, and stock chart history. Download and analyze trends easily.