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Subsea7-Saipem merger-market responses in Brazil show fears over pricing

By Maria Júlia Baumert ( February 3, 2026, 20:10 GMT | Comment) -- Respondents to the latest market test sent by the Brazilian competition authority reiterated strong fears of price increases should Subsea7 and Saipem merge, while underscoring that Brazil’s deepwater conditions impose unique engineering and vessel‑availability constraints that sharply limit substitutability among pipe‑lay methods.Respondents to the latest market test sent by the Brazilian competition authority reiterated strong fears of price increases should Subsea7 and Saipem merge, while underscoring that Brazil’s deepwater conditions impose unique engineering and vessel‑availability constraints that sharply limit substitutability among pipe‑lay methods....

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