INDUSTRY NEWS

Major firms merge to form offshore energy mammoth

Italian engineering firm Saipem and Norwegian offshore energy firm Subsea7 have agreed in principle to merge, creating a mammoth in offshore energy services.

Shake on it: terminals need to get in on the alliance act. Credit: Flazingo Photos

Italian engineering firm Saipem and Norwegian offshore energy firm Subsea7 have agreed in principle to merge, creating a mammoth in offshore energy services.

Tags: Cable Laying deep-water Saipem Saipem7 Subsea7

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