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    Home > Finance > Saipem CEO does not see regulatory risks for merger with Subsea7
    Finance

    Saipem CEO does not see regulatory risks for merger with Subsea7

    Published by Global Banking & Finance Review®

    Posted on October 1, 2025

    1 min read

    Last updated: January 21, 2026

    Saipem CEO does not see regulatory risks for merger with Subsea7 - Finance news and analysis from Global Banking & Finance Review
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    Tags:customersMergers and Acquisitionsfinancial servicesregulatory frameworkCompetition

    Quick Summary

    Saipem's CEO is confident there are no regulatory risks for the merger with Subsea7, despite antitrust concerns in Brazil. The merger aims to improve global offerings.

    Table of Contents

    • Overview of Saipem-Subsea7 Merger
    • CEO's Perspective on Competition
    • Antitrust Concerns from Major Players

    Saipem's CEO Confident in No Regulatory Hurdles for Subsea7 Merger

    Overview of Saipem-Subsea7 Merger

    MILAN (Reuters) -Saipem does not see regulatory risks for its planned merger with Norwegian rival Subsea7, the CEO of the Italian energy contractor said on Wednesday, shrugging off concerns about potential hurdles in the Brazilian market.

    CEO's Perspective on Competition

    "We firmly believe that there is no reduction in competition, but rather a better offering, and that the creation of a group (with Subsea7) will greatly benefit our customers around the world," Saipem's Alessandro Puliti said, speaking at the Energy Summit conference in Milan.

    Antitrust Concerns from Major Players

    Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned Brazil's antitrust regulator CADE to intervene in the Saipem-Subsea7 merger, public documents seen by Reuters showed.

    (Reporting by Francesca Landini, editing by Gavin Jones)

    Key Takeaways

    • •Saipem CEO confident in merger with Subsea7.
    • •No expected regulatory hurdles in Brazil.
    • •Merger aims to enhance global customer offerings.
    • •Antitrust concerns raised by major oil companies.
    • •Energy Summit conference insights shared.

    Frequently Asked Questions about Saipem CEO does not see regulatory risks for merger with Subsea7

    1What is a merger?

    A merger is a business strategy where two companies combine to form a single entity, often to enhance competitiveness, increase market share, or achieve operational efficiencies.

    2What is regulatory risk?

    Regulatory risk refers to the potential for a company to face legal penalties or operational challenges due to changes in laws or regulations that affect its business operations.

    3What is antitrust regulation?

    Antitrust regulation is a set of laws designed to promote competition and prevent monopolistic practices in the market, ensuring that consumers have choices and fair prices.

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