Italian energy contractor Saipem , which has agreed to merge with Norwegian rival Subsea 7 , said on Tuesday it would resume ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...

Italian offshore services firm Saipem plans to merge with Norwegian rival Subsea7 in an all-share deal valued at $4.6 million ...

Saipem and Subsea7 have agreed to merge, creating an offshore energy services company called Saipem7 with annual revenue of ...

Saipem closed the 2024 financial year with revenues up 23% to 14.55 billion euros, the engineering giant said Tuesday. Gross ...

The merger will be structured as a merger of equals with a fixed 50-50 exchange ratio. Saipem will be the surviving entity, ...

In recent years, Petrobras has been resorting to awarding engineering, procurement, construction and installation (EPCI) ...

Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics ...

Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect next ...

The European Maritime Safety Agency (EMSA) has published the final two reports in six series, focused on alternative fuels ...

The Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, announced the resumption of development work at the ...