Subsea7 and Saipem ink merger agreement [pdf downloads]

MILAN, LUXEMBOURG (By Saipem, 24.Jul.2025, Words: 75) — Saipem and Subsea7 announce that they have entered into a binding merger agreement, on terms and conditions in line with what was previously communicated at the time of the signing of the memorandum of understanding (MOU) on 23 Feb. 2025. 

The merger of Saipem and Subsea7 will create a global leader in energy services.

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