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 ...

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 ...

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 ...

MILAN, Feb 25 (Reuters) - Italian energy contractor Saipem (SPMI.MI), opens new tab, which has agreed to merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab, said on Tuesday it would ...

In case you needed another reason to feel jealous of Chinese car enthusiasts, the Chery Exeed VX C-DM three-row SUV is officially available for pre-order with 610 hp, 1,300 km (over 800 miles ...

TAIPEI – Taiwan seized a Chinese-crewed cargo ship on Feb 25 after a subsea telecoms cable was severed off the island. It is the latest in a series of Taiwanese undersea cable breakages ...

HANOI — Singapore and Vietnam on Wednesday (March 12) have agreed to enhance co-operation in subsea cables, finance, and energy, marking an upgrade in their relations to Vietnam's highest level ...

Subsea 7 or the combined company following the proposed merger of Saipem and Subsea 7 (the "Proposed Business Combination Transaction") or any other financial products or securities, in any place ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwan’s coastguard said it caught a Chinese-owned freighter in the act of cutting a subsea ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the Italian player — despite the company’s chief executives ...

Italian energy-services provider Saipem SPM1.24%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...

GMG is a subsea cable solutions provider operating a fleet of six vessels. It provides maintenance and installation services for the global subsea fibre optic cable network. This acquisition marks the ...