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....
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