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The proposed Subsea 7-Saipem merger will be “very, very good” for the energy market, Subsea 7 chief executive John Evans promises. On Sunday, the Kristian Siem-backed, Oslo-listed offshore ...

Combined company expected to have 20 bln euros in annual revenue Will operate the largest fleet of offshore construction vessels The deal follows a trend in oil service industry consolidation ...

Dutch natural gas infrastructure and transportation company Gasunie and Petrogas Transportation plan to jointly investigate how the Petrogas pipeline installed under the North Sea can be reused for ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 ...

TAIPEI: Taiwan detained a Chinese-crewed cargo ship on Tuesday (Feb 25) after a subsea telecoms cable was severed off the island, the coast guard said. It is the latest in a series of Taiwanese ...

Brazilian state-controlled company Petrobras has received bids from four companies in a tender for the decommissioning of old subsea equipment once linked to six production platforms in the Marlim ...

TechCentral has learnt exclusively that the Industrial Development Corporation (IDC) has approved project development capital to complete a “definitive” feasibility study for the SAEx East Subsea ...

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Taiwan detained a Chinese-crewed cargo ship on Tuesday after a subsea telecoms cable was severed off the island, the coast guard said. It is the latest in a series of Taiwanese undersea cable ...