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.
Valeura drills first multi-lateral well in Gulf of Thailand campaign
Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field offshore...

