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 Combination") ...

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies will allow it ...

Confidence in achieving global net zero targets is fading fast, with only 16% of senior energy executives believing the world ...

Last year the Stabroek co-venturers reached a final investment decision (FID) on a sixth development that is expected to ...

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

The federal government is ramping up efforts to boost oil production to 4 million barrels per day by 2030, using fiscal ...

Our fair value estimate for Seatrium is SGD 2.92 per share, which implies a 2025 price/book value of about 1.50 times. The weighted average cost of capital used in our discounted cash flow model is ...

Africa’s annual capital expenditure (capex) is projected to increase to $54 billion by 2030 from $43 billion expected in 2025 ...

Principal Financial Group Inc. lifted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent filing ...

Saipem struck an agreement in principle on the key terms of a potential acquisition of Subsea7, which would result in a ...

A coalition of environmental groups has filed a lawsuit against the Trump administration, challenging its revocation of ...

India’s state-owned Oil & Natural Gas Corporation (ONGC) is testing its Kamakshi gas condensate find in the Bay of Bengal ...