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.
Gabon continues push for renewed interest in upstream developments
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being...