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Offshore & subsea

 
 
 
 
 
 
 
 
 

Saipem announces agreement in principle for merger with Subsea7

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding (MoU). The proposed combination is expected to create a global leader in energy services.