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.
TGS secures 4D streamer acquisition contract for Barents Sea
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the...