Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation.

Kepler Cheuvreux upgraded Saipem (SAPMY) to Buy from Hold with a price target of EUR 3.40, up from EUR 3. The firm sees less earnings risk post ...

Oslo-listed energy service group Subsea 7, which plans to merge with Italian rival Saipem, said on Thursday its core profit ...

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.

Italian contractor presents optimistic four-year plan as it continues turnaround from heavy losses in 2020 and 2021 ...

Explore the Subsea 7 S.A. and Saipem SpA merger offering cost synergies, better vessel utilization, and strong shareholder ...

The rationale for a merger between Italy's Saipem and Norway's Subsea 7 is to combine the fleets of the two energy services ...

Saipem in 2024 was awarded new contracts totalling a record €18.812 billion versus €17.659 billion in the previous year, and ...

Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin ...

Kepler Capital analyst Kevin Roger maintained a Hold rating on Saipem SpA (SPEA – Research Report) on February 24 and set a price target of ...

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

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