
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.

The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.

The ACCC has moved Saipem and Subsea7’s proposed merger to a Phase 2 review, citing possible competition concerns in subsea infrastructure services for Australian offshore oil and gas projects.
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