SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

The company plans to deploy a 16MW floating offshore wind turbine (FOWT) at the Lufeng oilfield cluster in the South China ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the ...

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible ...

Offshore wind company Orsted has finalized the purchase of over 64 acres in Sussex County, Delaware under their subsidiary ...

Siemens Gamesa laid the foundation stone for its factory extension in Le Havre, north-west France, dedicated to the ...

Range of measures unveiled to address growing threat to internet and power cables carrying electricity from offshore wind ...

The proposal would repeal the Offshore Wind Industry Workforce Training Center Committee, and the Offshore and Port ...

China National Offshore Oil Corporation (CNOOC) is actively developing key oil fields across Africa, including Nigeria’s ...

Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to ...