Subsea 7 confirms US$7.00 per share proposal to acquire McDermott
Subsea 7 made premium proposal providing substantial growth prospects, highly visible synergies and investment grade financial profile.
Subsea 7 made premium proposal providing substantial growth prospects, highly visible synergies and investment grade financial profile.
Oilfield service sales increased 21% on average for these three bellwether companies, while their oilfield equipment sales increased only 1%.
Oil sands projects will require US$43 billion, while the investments into heavy oil assets will require almost US$4 billion in upstream Capex by 2025.