Browsing Tag
Subsea7
14 posts
Shareholders back Saipem–Subsea7 deal to create €43bn offshore contractor
Saipem shareholders approve merger with Subsea7, creating Saipem7. Explore the strategic drivers, regulatory hurdles, risks, and global offshore energy outlook.
September 25, 2025
Will Brazil block the Subsea7–Saipem merger as oil majors sound alarm on competition?
Exxon Mobil, Petrobras, and TechnipFMC are pressing Brazil’s Cade to challenge the Subsea7–Saipem merger. Learn why the outcome matters for oil and gas.
September 24, 2025
Can Saipem7’s €300m synergy target hold as oilfield services face rising vessel charter costs?
Can Saipem7’s €300M synergy target hold as vessel charter costs rise? Explore whether fleet and procurement savings can offset offshore service cost pressures.
July 28, 2025
Saipem and Subsea7 to create €21bn energy services giant Saipem7
Saipem and Subsea7 sign merger deal to form €21B Saipem7, aiming to dominate global energy services. Find out what this means for offshore energy markets.
July 24, 2025
Saipem and Subsea7 announce merger to create global energy services leader
Saipem and Subsea7 have reached an agreement in principle to merge, forming a dominant force in global energy…
February 24, 2025
Subsea7 secures contract from Dana Petroleum for Bittern field development
Subsea7 has been awarded a sizable contract by Dana Petroleum (E&P) Limited for the Bittern field development. The…
June 18, 2024
Subsea7 wins contract for Belinda field development from Serica Energy
Subsea7 has been awarded a substantial contract valued between $50 million and $150 million by Serica Energy for…
May 29, 2024
Subsea7, OneSubsea, and Equinor forge new strategic collaboration for offshore projects
Subsea7 announced in Stavanger, Norway, the signing of a groundbreaking long-term strategic collaboration agreement with Equinor and Subsea…
May 3, 2024
Subsea7 secures major contract from Woodside Energy for Trion development
In a significant development for the offshore oil and gas sector, Subsea7 has announced the acquisition of a…
March 16, 2024
Global Energy Group wins contract for East Kameleon project from Subsea7
In a major development for the offshore energy industry, Global Energy Group (GEG) has been awarded a notable…
January 13, 2024