This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Saipem-Subsea7 deal in Brazil draws concern from Petrobras, ExxonMobil, TechnipFMC

By Maria Júlia Baumert ( September 19, 2025, 20:44 GMT | Insight) -- Three key stakeholders in Brazil’s offshore oil and gas sector – Petrobras, ExxonMobil, TechnipFMC – and the Brazilian Association of Oil and Gas Exploration Companies have requested third-party status in a review of the proposed merger between Saipem and Subsea7.  The parties expressed concerns about the deal’s potential impact on competition in subsea engineering markets. In Brazil, third parties can appeal decisions and provide information throughout the authority’s analysis. Three key stakeholders in Brazil’s offshore oil and gas sector – Petrobras, ExxonMobil, TechnipFMC – and the Brazilian Association of Oil and Gas Exploration Companies (ABEP) have requested third-party status in a review of the proposed merger between Saipem and Subsea7, expressing concerns about the deal’s potential impact on competition in subsea engineering markets....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login