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Saipem scouting around as Subsea 7 bid makes waves

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Saipem scouting around as Subsea 7 bid makes waves

24 April 2018, News Wires – Italian oil services group Saipem is looking round for growth opportunities after a bid by rival Subsea 7 for U.S. contractor McDermott sent waves through the sector. “The bid is a sign of consolidation in the sector that needs to be monitored closely,” Saipem CEO Stefano Cao said on …

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Saipem scouting around as Subsea 7 bid makes waves Saipem scouting around as Subsea 7 bid makes waves Reviewed by Crude Oil Facilitators on 17:10 Rating: 5

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