Subsea7 gets to work offshore Egypt under ‘sizeable’ contract
Subsea7 has secured an engineering, procurement, commissioning and installation (EPCI) contract offshore Egypt for flexible pipelines, umbilicals, and associated subsea…
Contracts
Subsea7 awarded contract offshore Norway
Subsea 7 today announced the award of a substantial1 contract offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation…
International
Saipem targeting $52.4 billion-worth of orders under 2025-2028 strategic plan
Italian player envisages ‘new paradigm’ for onshore engineering and construction Italian energy services contracting giant Saipem, which on Sunday confirmed…
International
Saipem and Subsea7 propose merger to form Saipem7
The combined entity will have a backlog of €43bn, annual revenue of approximately €20bn, and EBITDA of over €2bn Italian…
International
Saipem to merge with oil services rival Subsea7 in $4.6 billion deal
Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens…