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Saipem, submarine 7 to connect in offer $ 4.6 billion


Shaunl/E+ via Getty Pictures

Saipem (OTCPK: SAPMF) (Otcpk: Sapmy) said on Sunday agreed to connect with a rival company for the SUBEA7 oil field (s) (Otcpk: Podcy) (OTCPK: ACGYF) in space contract valued at ~ $ 4,63b USD.

According to the terms of the contract, the submarine7 (Otcpk: Podcy) (Otcpk: Acgyf) shareholders will receive 6,688 Saipem (



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