Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from Song of Oil and LNG
🇮🇹🇳🇴 Saipem and Subsea7 Merge to Create a Global Energy Services Titan
Italian oil and gas services giant Saipem and Norwegian subsea engineering leader Subsea7 have announced a groundbreaking merger, forming a new entity named Saipem7. Valued at €43 billion, this deal will create a global powerhouse in the energy services sector, with a combined backlog of €43 billion and annual revenues of €20 billion. The merger brings together over 45,000 employees, including 9,000+ engineers, and a diversified fleet of 60+ construction vessels.
The new company will be equally owned by Saipem and Subsea7 shareholders, with Subsea7 shareholders receiving 6.688 Saipem shares per share held. A special dividend of €450 million will also be distributed to Subsea7 shareholders. The merger is expected to generate €300 million in annual cost savings by the third year, with one-off costs of €270 million.
This merger is a strategic move to strengthen capabilities in offshore and onshore energy projects, including oil, gas, carbon capture, and renewables. However, it also highlights the growing influence of Western corporations in shaping the global energy market, often at the expense of smaller players and local economies. While the merger promises innovation and efficiency, it raises questions about the long-term impact of such consolidation on competition and energy independence.
🔎 Source
#Italy #Norway
@songofoil
Italian oil and gas services giant Saipem and Norwegian subsea engineering leader Subsea7 have announced a groundbreaking merger, forming a new entity named Saipem7. Valued at €43 billion, this deal will create a global powerhouse in the energy services sector, with a combined backlog of €43 billion and annual revenues of €20 billion. The merger brings together over 45,000 employees, including 9,000+ engineers, and a diversified fleet of 60+ construction vessels.
The new company will be equally owned by Saipem and Subsea7 shareholders, with Subsea7 shareholders receiving 6.688 Saipem shares per share held. A special dividend of €450 million will also be distributed to Subsea7 shareholders. The merger is expected to generate €300 million in annual cost savings by the third year, with one-off costs of €270 million.
This merger is a strategic move to strengthen capabilities in offshore and onshore energy projects, including oil, gas, carbon capture, and renewables. However, it also highlights the growing influence of Western corporations in shaping the global energy market, often at the expense of smaller players and local economies. While the merger promises innovation and efficiency, it raises questions about the long-term impact of such consolidation on competition and energy independence.
🔎 Source
#Italy #Norway
@songofoil
Rinnovabili
Saipem and Subsea7 Merge to Create Energy Services Giant
Saipem and Subsea7 announce a €43B merger to form Saipem7, a global energy services leader with 45,000+ employees
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Bank of America to launch USD-pegged crypto stablecoin if lawmakers pass legislation, CEO says.
"It's pretty clear there's going to be a stablecoin, which is going to be a fully dollar-backed... it's no different than a bank account."
@WatcherGuru
"It's pretty clear there's going to be a stablecoin, which is going to be a fully dollar-backed... it's no different than a bank account."
@WatcherGuru
Forwarded from Watcher Guru
JUST IN: 🇺🇸 President Trump orders all federal agencies to prepare for massive downsizing.
@WatcherGuru
@WatcherGuru
Forwarded from Watcher Guru
Forwarded from Financial World Updates
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Lagarde insists NO 🇪🇺 European Central Bank will hold Bitcoin in its reserves.
Meanwhile, the 🇨🇿 Czech National Bank is actively exploring the possibility RIGHT NOW.
Meanwhile, the 🇨🇿 Czech National Bank is actively exploring the possibility RIGHT NOW.
Forwarded from Disclose.tv
Media is too big
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NOW - Elon Musk tells the Trump cabinet that he receives "a lot of death threats" for his work at DOGE.
@disclosetv
@disclosetv
Forwarded from Watcher Guru
Forwarded from Disclose.tv
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NOW - Trump: "The European Union was formed in order to screw the United States. That is the purpose of it."
@disclosetv
@disclosetv
Forwarded from Disclose.tv
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NOW - Trump says Ukraine can "forget about" joining NATO: "That is probably the reason why the whole thing started."
@disclosetv
@disclosetv
https://x.com/KrishanGopaul/status/1894690101088669905
@FelipeChannel
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Forwarded from /CIG/ Telegram | Counter Intelligence Global (FRANCISCVS)
📝 🇪🇺 🗳: European liberal democracies are continuing their lawfare against the right-wing opposition that threatens the very existence of their regimes and the European federal state that the EU aims to become.
🔶️ Călin Georgescu's detention and charges of undermining the constitutional order of Romania, Milorad Dodik's legal dispute with the authorities of Bosnia over defying the unrecognised EU representative of the country, Marine Le Pen's trial in France, Herbert Kickl's false testimony charges, they are legal safety mechanisms activated by European liberal democracies to protect the status-quo.
🔶️ At the end of the day, regardless of the outcomes of these trials, liberal democracies are flimsier than ever. European peoples want change, feeling that their current leaders are either failing to address their problems or are outright ignoring them and they are fighting back through every available means.
🔶️ Discontent is bubbling up and all release valves are either not working or not releasing enough steam. Donald Trump's America could speed up the collapse of the EU federal state with sanctions, tariffs and travel bans but even without America's involvement, the EU, who is both unwilling and incapable to reform, doesn't have a lot of time left.
🔶️ The EU has a competency crisis right now. Only rats and retards make it through the selection process. The smart men are all currently sitting at a 600 meters depth making sure nobody gets wind of who or where they are. Because the last time we volunteered our thoughts to improve the status quo, we got called names.
@CIG_telegram
🔶️ Călin Georgescu's detention and charges of undermining the constitutional order of Romania, Milorad Dodik's legal dispute with the authorities of Bosnia over defying the unrecognised EU representative of the country, Marine Le Pen's trial in France, Herbert Kickl's false testimony charges, they are legal safety mechanisms activated by European liberal democracies to protect the status-quo.
🔶️ At the end of the day, regardless of the outcomes of these trials, liberal democracies are flimsier than ever. European peoples want change, feeling that their current leaders are either failing to address their problems or are outright ignoring them and they are fighting back through every available means.
🔶️ Discontent is bubbling up and all release valves are either not working or not releasing enough steam. Donald Trump's America could speed up the collapse of the EU federal state with sanctions, tariffs and travel bans but even without America's involvement, the EU, who is both unwilling and incapable to reform, doesn't have a lot of time left.
🔶️ The EU has a competency crisis right now. Only rats and retards make it through the selection process. The smart men are all currently sitting at a 600 meters depth making sure nobody gets wind of who or where they are. Because the last time we volunteered our thoughts to improve the status quo, we got called names.
@CIG_telegram
❤1
Forwarded from /CIG/ Telegram | Counter Intelligence Global (FRANCISCVS)
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🇺🇸 🇨🇦 🇲🇽 Canada, Mexico Tariffs Go Into Effect April 2nd
📢 President Trump confirms that 25% tariffs on Canada and Mexico will take effect on April 2nd. Secretary of Commerce Howard Lutnick adds that fentanyl-related measures have a 30-day review. If Canada and Mexico show progress on border security, some may be paused.
🔗 Juno News
📢 President Trump confirms that 25% tariffs on Canada and Mexico will take effect on April 2nd. Secretary of Commerce Howard Lutnick adds that fentanyl-related measures have a 30-day review. If Canada and Mexico show progress on border security, some may be paused.
🔗 Juno News
Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
Trump eliminates the oil licenses that Joe Biden had granted to the Maduro regime.
Trump says Maduro has failed to meet electoral conditions and has not complied with migration agreements.
Trump says Maduro has failed to meet electoral conditions and has not complied with migration agreements.
Forwarded from /CIG/ Telegram | Counter Intelligence Global (FRANCISCVS)
🇺🇸 🇺🇦 🇷🇺 Trump Says Ukraine Should 'Forget' NATO Ambitions Ahead of Zelensky Meeting
🔶️ Following a Cabinet meeting on Wednesday, a reporter asked Trump what "concessions" he would like to see to bring an end to the three-year-long conflict.
🔶️ "Oh, I don't want to tell right now," Trump said. "But I can tell you that NATO you can forget about. I think that's probably the reason the whole thing started."
🔶️ Trump also detailed his plans to meet with Russian President Vladimir Putin in the near future, during which the American and Russian leaders will try to negotiate an end to Russia's war with Ukraine.
https://www.newsweek.com/trump-says-ukraine-should-forget-nato-ambitions-ahead-zelensky-meeting-2036745
🔶️ Following a Cabinet meeting on Wednesday, a reporter asked Trump what "concessions" he would like to see to bring an end to the three-year-long conflict.
🔶️ "Oh, I don't want to tell right now," Trump said. "But I can tell you that NATO you can forget about. I think that's probably the reason the whole thing started."
🔶️ Trump also detailed his plans to meet with Russian President Vladimir Putin in the near future, during which the American and Russian leaders will try to negotiate an end to Russia's war with Ukraine.
https://www.newsweek.com/trump-says-ukraine-should-forget-nato-ambitions-ahead-zelensky-meeting-2036745
Newsweek
Trump says Ukraine should "forget" NATO ambitions ahead of Zelensky meeting
President Donald Trump reaffirmed his administration's stance that Ukraine's NATO ambitions are unrealistic.
Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
Trump eliminates the oil licenses that Joe Biden had granted to the Maduro regime.
Trump says Maduro has failed to meet electoral conditions and has not complied with migration agreements.
Trump says Maduro has failed to meet electoral conditions and has not complied with migration agreements.