Brazil oil association cites EU, Australia reviews in fighting Subsea7-Saipem deal
By Flavia Fortes ( August 3, 2026, 19:09 GMT | Insight) -- Brazilian oil and gas association ABEP has urged the country's antitrust tribunal to take into account recent decisions by the European Commission and the Australian Competition & Consumer Commission in the Saipem-Subsea7 merger, arguing that both regulators identified competition concerns that reinforce its challenge to CADE's initial approval of the proposed merger.Brazilian oil and gas association ABEP has urged the country's antitrust tribunal to take into account recent decisions by the European Commission and the Australian Competition & Consumer Commission in the Saipem-Subsea7 merger, arguing that both regulators identified competition concerns that reinforce its challenge to CADE's initial approval of the proposed merger....
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