SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

The company plans to deploy a 16MW floating offshore wind turbine (FOWT) at the Lufeng oilfield cluster in the South China ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible ...

Offshore wind company Orsted has finalized the purchase of over 64 acres in Sussex County, Delaware under their subsidiary ...

Siemens Gamesa laid the foundation stone for its factory extension in Le Havre, north-west France, dedicated to the ...

Range of measures unveiled to address growing threat to internet and power cables carrying electricity from offshore wind ...

The proposal would repeal the Offshore Wind Industry Workforce Training Center Committee, and the Offshore and Port ...

China National Offshore Oil Corporation (CNOOC) is actively developing key oil fields across Africa, including Nigeria’s ...

Oyster Hubs at the Hollandse Kust West (HKW, site VI) wind farm. Developed under Van Oord Ocean Health, these initiatives aim ...