Saipem, Subsea 7

Saipem Merger Works Out Favorably For Subsea 7 Shareholders
Explore the Subsea 7 S.A. and Saipem SpA merger offering cost synergies, better vessel utilization, and strong shareholder value. Click for more on SUBCY and SAPMF.
Saipem says fleet expansion is driving Subsea 7 merger
The rationale for a merger between Italy's Saipem and Norway's Subsea 7 is to combine the fleets of the two energy services companies to service customers quicker and cut costs, the CEO of the Italian group said on Wednesday.
Saipem and Subsea 7 Announce $4.63B Merger, Creating Offshore Energy Giant
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 soaring over 7%
Saipem: Probably Leaving Value On The Table In Subsea 7 Merger
Saipem's offshore business is performing well, with significant order intake and better margins. Read more about the Subsea 7 merger.
Italy's Saipem reinstates dividend ahead of merger with Subsea 7
Italian energy contractor Saipem , which has agreed to merge with Norwegian rival Subsea 7 , said on Tuesday it would resume paying a dividend after a four-year break.
Saipem, Subsea7 to Combine in New Energy Services Deal
Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the sector picks up after years of sluggish activity.
Subsea 7 S.A.: Proposed Combination of Saipem and Subsea7
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")
Subsea 7's 2024 profit up 53% as Saipem merger beckons
Oslo-listed energy service group Subsea 7 , which plans to merge with Italian rival Saipem , said on Thursday its core profit rose 53% last year, in line with its previous guidance.
Saipem-Subsea7 shows solidity of Italian System - Meloni
A merger between Italian eng'neering giant Saipem and Norwegian undersea engineering multinational Subsea 7 shows the solidity of the 'Italian System' and created the world's leading energy engineering company,
Italy's Saipem, Norway's Subsea 7 to create energy services leader
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...
Upstream4d
Saipem-Subsea7 merger plan draws muted market reaction
Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...
worldenergynews.com4d
Italy's Saipem and Norway's Subsea 7, to create a leader in energy services
Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy ...
Taiwan News2d
Subsea 7 S.A. Announces Fourth Quarter and Full Year 2024 Results
Luxembourg – 27 February 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the fourth quarter and ...
Saipem close to merger with oil services rival Subsea 7, La Repubblica reports
Italian oil services company Saipem is close to a merger with Norwegian rival Subsea 7, Italian newspaper La Repubblica ...
FIRSTonline5d
Saipem and Subsea7 marry: a 20 billion euro giant is born. The role of Eni and Cdp
Eni, Cdp Equity and Siem Industries, a partner of Subsea7, have signed a memorandum of understanding that includes the ...