€Multi-billion offshore firms complete merger

Italian engineering giant Saipem and Luxembourg-domiciled offshore engineers and construction firm Subsea7 have officially merged to create ‘a global leader in energy services’.

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

Italian engineering giant Saipem and Luxembourg-domiciled offshore engineers and construction firm Subsea7 have officially merged to create ‘a global leader in energy services’.