Saipem and Subsea7 have announced a memorandum of understanding (MoU) has been reached for a likely mega-merger to join the two companies. The entity will be renamed Saipem7, and the deal is expected to deliver significant value to shareholders of both Saipem and Subsea7.
UK weighs early end to North Sea windfall tax amid talks with oil and gas producers
UK officials are holding talks with North Sea oil and gas producers on potentially ending the...
