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Saipem, Subsea7 told Norwegian merger regulator global overlaps are limited

By Nicholas Hirst and Jean Comte ( October 17, 2025, 14:07 GMT | Insight) -- Energy services companies Saipem and Subsea7 told the Norwegian competition authority that their intended merger poses no competition problem in subsea umbilicals, risers and flowlines, since their businesses focus on different regions of the world. The insight comes amid apparent setbacks for merger approval, with the companies having withdrawn their notifications in Norway and Germany.Saipem and Subsea7 told the Norwegian merger regulator not to put too much weight on their global market shares on grounds that they focus on different regions....

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