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Home›Featured›Saipem7 In the Making | Subsea7, Saipem Enter Binding Merger Agreement
Featured

July 24, 2025 · about 1 year ago

Saipem7 In the Making | Subsea7, Saipem Enter Binding Merger Agreement

Subsea7 and Saipem have signed a binding merger agreement, kicking off the process of combining the two companies, which is expected to be completed in the second half of 2026 and result in a new offshore energy player named Saipem7. The companies revealed plans to merge in February this year, when

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A photo of Saipem's S7000 vessel installing a floating wind turbine
Illustration; Photo source: Saipem

Subsea7 and Saipem have signed a binding merger agreement, kicking off the process of combining the two companies, which is expected to be completed in the second half of 2026 and result in a new offshore energy player named Saipem7.

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