The payout rises to 40% of free cash flow. For 2025, the group expects revenues of 15 billion and new orders of 50 billion.

Saipem in 2024 was awarded new contracts totalling a record €18.812 billion versus €17.659 billion in the previous year, and ...

Italian offshore services firm Saipem plans to merge with Norwegian rival Subsea7 in an all-share deal valued at $4.6 million ...

Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect next ...

Italian energy contractor Saipem , which has agreed to merge with Norwegian rival Subsea 7 , said on Tuesday it would resume ...

A merger between Italian eng'neering giant Saipem and Norwegian undersea engineering multinational Subsea 7 shows the ...

Oil futures declined Tuesday, with U.S. benchmark prices falling under $70 a barrel to touch their lowest levels of the year, with the economy and energy demand expected to take a hit from proposed ...

The Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, announced the resumption of development work at the ...