Finance

Saipem set to merge with Subsea7 to create global energy services giant

Contracting giants reach agreement in principle on key terms of a possible merger

Saipem chief executive, Alessandro Puliti.
Saipem chief executive, Alessandro Puliti.Photo: SAIPEM
Middle East and South Asia EditorNew Delhi
Published 24 February 2025, 01:17Updated 24 February 2025, 10:54
SaipemSubsea7EniSiem IndustriesAmericas