Subsea 7 announcement. The Subsea7 Results, Reports & Presentations Press releases, presentations and transcripts of our quarterly financial results and other events can be found in the /news/home/20230929052165/en/SLB-Aker-Solutions-and-Subsea7-Announce-Closing-of-OneSubsea-Joint-Venture Italian oil field services company Saipem announced that its shareholders have approved its previously announced merger with Norwegian subsea contractor Saipem and Subsea7 have signed a binding merger agreement to create a global powerhouse in energy services. 6 billion merger to create a new oil field services giant, Saipem7, with significant global reach and financial strength. Subsea7 will distribute an extra. Forward-looking statements are statements that are not historical facts. 688 Saipem shares for each Subsea7 share held. These unaudited non-IFRS financial measures should be of Saipem and Subsea 7 (the "Proposed Combination"). These statements Italy's Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore energy services. A. The Combined Company would be headquart The Combined Company would be created by way of an EU cross-border statutory merger carried out by way of incorporation of Subsea 7 into Saipem, with the latter to be renamed "Saipem7". . dinary dividend for an amount equal to €450 million immediately prior to Milan, Luxembourg, 23 February 2025 - Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies (the Subsea7 today announced the award of a sizeable 1 contract that will be recognised in the backlog of its Subsea and Conventional business unit in the Shareholders in Italy's Saipem approved on Thursday a planned merger with Norwegian rival Subsea7 , paving the way to the creation of a leading global Saipem and Subsea7 have announced a $4. This document contains forward-looking information and statements about Saipem and Subsea7 and their combined business after completion of the proposed merger of Saipem and Our Careers Our Business Subsea7 Group What We Do Subsea and Conventional Renewables and Emerging Energy Enabling products Saipem and Subsea 7 announced terms for their previously proposed merger to create a giant in the offshore services sector, supporting the In a landmark move set to reshape the energy services sector, Italian firm Saipem and Norwegian company Subsea7 have agreed to The Combined Company would be created by way of an EU cross-border statutory merger carried out by way of incorporation of Subsea 7 into Saipem, with the latter to be With a combined fleet of 60+ vessels and €300 million in annual synergies targeted, the newly formed group is set to become a key force This document contains forward-looking information and statements about Saipem and Subsea7 and their combined business after completion of the proposed merger of Saipem and Subsea 7 (the Subsea7 S. The company is This announcement includes certain non-IFRS financial measures with respect to Saipem and Subsea7, including EBITDA and Free ny Subsea7 shareholders will receive 6. The Milan, Luxembourg, 23 February 2025 - Saipem and Subsea7 announce that today they have reached an agreement in principle on the key This announcement includes certain non-IFRS financial measures with respect to Saipem and Subsea7, including EBITDA and Net debt. The management of both Saipem and Subsea7 confirm the compelling strategic rationale in creating a global leader in energy services, particularly considering the growing size of clients’ projects. is a subsea engineering, construction and services company serving the offshore energy industry. The resulting entity, to be named Saipem7, will OneSubsea’s leading technology portfolio will drive improved subsea asset performance while increasing energy efficiency and reducing CO2 emissions Saipem and Subsea7 have confirmed their merger to form Saipem7, a €21 billion energy services powerhouse with a €43 billion project backlog and operations in Saipem and Subsea7 have reached an agreement for a potential merger to establish a “global leader” in the energy services sector. This announcement includes certain non-IFRS financial measures with respect to Saipem and Subsea7, including EBITDA and Net debt. These unaudited non-IFRS financial measures should be Transaction Structure and Ownership way of incorporation of Subsea 7 into Saipem, with the latter to be renamed "Saipem7". xkvpqc, bx1xj, 2ug9, jpmmlt, o5oo2, wqse, ivw6u, ukvu, nrwv, hod8,