Italy’s Saipem and Norway’s Subsea7 announced on Sunday that they have reached an agreement in principle and signed an MoU for the possible merger of the two companies.
Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company.
Italy’s Saipem has awarded a contract to Chinese shipyard China Merchants Heavy Industry (CMHI) to build an FPSO for TotalEnergies’ USD 6-billion Kaminho project, Upstream Online reported on Wednesday
Aramco let contracts for two offshore projects in Saudi Arabia to Saipem under an existing long-term agreement.
Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.
Marine technology company Sonardyne has announced that the next phase of the On Demand OBN (OD OBN) project is under way in Brazil.
Italian oil and gas company Eni has divested a 10% interest in oilfield services provider Saipem in a deal valued at €393 million (US$422.48 million).
Italian major offloads a third of its shares in Italian contractor current, but still controls one fifth of company
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu field. The offshore field is part of Agogo Integrated West Hub Project, approximately 180 km off the coast of Angola. The value of the contract is around $850 million.