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Subsea7, Saipem say Petrobras introduces new theories in appeal of deal approval

By Maria Júlia Baumert ( August 7, 2026, 18:55 GMT | Insight) -- Subsea7 and Saipem have told the Brazilian competition authority's Tribunal that Petrobras is trying to overturn the regulator's approval of their merger by relying on arguments that were either already tested during the review process or raised for the first time only at the appeal stage.Subsea7 and Saipem have told the Brazilian competition authority's Tribunal that Petrobras is trying to overturn the regulator's approval of their merger by relying on arguments that were either already tested during the review process or raised for the first time only at the appeal stage....

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