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Saipem at best a weak rival to Subsea7 on some projects, UK regulator says

By Jon Menon ( November 20, 2025, 16:46 GMT | Insight) -- Saipem would only be at best a “weak” competitor for Subsea7 on so-called SURF projects in the North Sea because it isn’t an active supplier and is not a strong alternative, the UK antitrust regulator said in the outline of an earlier decision to approve the merger of the energy services companies. Saipem would only be at best a “weak” competitor for Subsea7 on so-called SURF projects in the North Sea because it isn’t an active supplier and is not a strong alternative, the UK antitrust regulator said in the outline of an earlier decision to approve the energy-services merger....

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