News
25 July 2025

Saipem and Subsea7 agree merger

In:
Oil & gas, Renewables
Region:
Europe

Saipem and Subsea7 have signed a binding merger agreement to create Saipem7, a new global leader in energy services with an order backlog of €43 billion. Under the proposed terms, Saipem7 will remain headquartered in Milan and listed on both the Milan and Oslo stock exchanges. Shareholders...

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