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Tuesday, 24 April 2018

Saipem scouting around as Subsea 7 bid makes waves

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 …

The post Saipem scouting around as Subsea 7 bid makes waves appeared first on SweetCrudeReports.

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