Sources: Eni to Revive Saipem Sale Plans

Saipem's onshore and offshore drilling business accounts for some 15 percent of the company's revenues which in 2013 stood at about 12 billion euros.

The company is feeling the pinch from lower investment by oil majors. This is making life harder for equipment and service suppliers worldwide.

Reports earlier this year said Norway's Seadrill was interested in buying Saipem's offshore drilling business while Subsea 7 was interested in a stake in Saipem. (Editing by David Clarke)


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