
Saipem-Subsea7 Merger Timeline Paused by EU Antitrust Review
The Saipem-Subsea7 merger remains targeted for the second half of 2026 after the European Commission suspended the timetable for its antitrust review.

The Saipem-Subsea7 merger remains targeted for the second half of 2026 after the European Commission suspended the timetable for its antitrust review.

Singapore and Brazil have established a Green and Digital Shipping Corridor covering alternative marine fuel supply chains, digital information exchange and maritime technologies.

Floatel International has received an LOI covering Floatel Triumph MSU services offshore Brazil, with the four-to-eight-month assignment scheduled to start in Q1 2027.

Solstad Maritime has announced a two-year Petrobras contract for Normand Valiant in Brazil, with a gross value of approximately $62 million and commencement planned for Q4 2026.

The Tupi asset in Brazil’s pre-salt Santos Basin has reached cumulative production of 4 billion boe, the first Petrobras asset to reach that volume in its 73-year history.

Sarens completed the weighing and load-out of eight FPSO P-82 modules at Seatrium’s Aracruz shipyard in Brazil, using 112 axle lines of SPMTs and 16 load cells.

Boskalis has towed the FPSO Cidade de Niterói from offshore Brazil to Denmark. The company also reported three separate FPSO transports from Asia to offshore Brazil over 18 months.

Noble reported a $37 million net loss for the second quarter of 2026 after suspensions involving two Petrobras-contracted rigs in Brazil reduced revenue and utilisation.

Altera Infrastructure’s FPSO business has completed its acquisition by Carlyle and begun operating independently under the Altera brand, led by chief executive officer Chris Brett.
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