Saipem's shares opened up more than 5% on Monday before reversing to fall more than 4% while Subsea 7 was up 3.2% as of 1324 GMT. Analysts during a call with the two groups' top teams cited ...

MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

Shares in Subsea 7 rose as much as 9 per cent in early trade, and gained 5 per cent on the Oslo bourse by 0830 GMT. Saipem opened up more than 5 per cent, later paring gains to rise 1.4 per cent.

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If you don't have counter space to keep your air fryer out full time, it's best to only pull it out when needed and plug it into a dedicated wall outlet. Many have homes with a built-in microwave ...

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cost-reimbursable contract extension, centers on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus and Mossmorran onshore terminals and ...

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24. The ...

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