Italian state lender Cassa Depositi e Prestiti (CDP) is in talks to buy a stake in Saipem as part of a restructuring of the troubled oil contractor that could include a capital increase of around 3 billion euros ($3.3 billion), people familiar...
Prosecutors in Brazil said on Wednesday former Petrobras executive Renato Duque had unfairly favored Italy's Saipem SpA on a contract for an undersea gas pipeline for the Lula and Cernambi offshore subsalt fields.
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