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 ...

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

Rice's whales will lose some protections after a notice requiring oil and gas companies to take precautions around the ...

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 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") ...

National Ocean Industries Association President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Scotland’s ambitions in offshore wind are driven by net-zero targets, energy transition and economic growth. In each of these cases, there is ...

ExxonMobil and its partners are investing nearly $200 million to develop a new natural gas project in Australia's Gippsland ...

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

Across New Jersey, all the leaves are brown and the sky is grey, but for many in the state, Governor Phil Murphy's California ...