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.
BW Offshore extends FPSO Catcher contract through 2030
BW Offshore has extended the FPSO BW Catcher contract through the end of 2030, adding...
