UK competition watchdog to probe Subsea 7-Saipem merger

Subsea 7

30/09/2025 13:13

Sept 30 (Reuters) - Britain's competition regulator said on Tuesday it has started a probe into the merger between Norway's Subsea 7 SUBC.OL and Italy's Saipem SPMI.MI for probable competition concerns in the energy services sector.

The phase 1 investigation into the all-share deal, that will form a leading global player in offshore energy services, has a deadline of November 25, the Competition and Markets Authority said.

 (Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))