Saipem Canada Inc. acquired assets of CO2 Solutions Inc. on December 19, 2019. Saipem Canada Inc. has also taken on CO2 Solutions' employees to ensure the smooth continuation of the R&D and operations. The transaction was approved by the Superior Court of Quebec. Net proceed will be used to partially compensate amounts owed to creditors by CO2 Solutions. Saipem Canada Inc. completed the acquisition of assets of CO2 Solutions Inc. on December 19, 2019.