3 articles
Subsea 7 CEO anticipates the EU Commission will resume its antitrust probe into the Saipem merger within 24 hours. The proposed deal aims to establish a leading global provider of offshore oil and gas
The European Commission has launched a full-scale investigation into Saipem's merger with Subsea 7, warning that the deal could reduce competition and increase prices in offshore energy services. A de
Saipem and Subsea 7 face a full-scale EU antitrust investigation over their merger, driven by competition concerns in offshore oil and gas services that may require asset sales or capacity cuts.
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