Saipem has signed a one-year extension for its deepwater semi-submersible drilling rig operating in Norway, and is focused on securing extensions for its five remaining deepwater units.

Aker BP has exercised the option for the extension period under the existing contract with Saipem for the semi‑submersible ...

BAKU, Azerbaijan, July 30. Italian energy services firm Saipem has announced that Aker BP has exercised its option to extend the contract for the semi-submersible drilling unit Scarabeo 8 until ...

Saipem and Samsung E&A tell Upstream of 'delight' that Court of Appeal recognised their argument over Petrofac's proposed ...

Saipem, the Italian oilfield services giant, has successfully completed the installation of an approximately 80-kilometer ...

Saipem and Subsea7 have announced that they have entered into a binding merger agreement, on terms and conditions in line with what previously communicated at the time of the signing of the Memorandum ...

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies TTEF.PA will ...

Two offshore energy firms hope to become a "global leader" in the sector with a bold and ambitious merger. Subsea7 and Saipem ...

Saipem signed a binding merger deal to acquire Subsea7 and thereafter rebrand into Saipem7, which would operate 'a full ...

The merger will be structured as an EU cross-border statutory merger, whereby Subsea7 will be absorbed into Saipem, which will subsequently be renamed Saipem7. The new entity will remain incorporated ...

Saipem expects the $20-billion Mozambique LNG project, halted for four years, to restart construction by the end of summer.

The new company, to be named Saipem7, is expected to generate $24.7bn in revenues and an order backlog worth $50.6bn ...