Saipem-Subsea 7 ‘mega-merger’ would create EU oilfield services giant

摘要

Offshore contractors Saipem and Subsea 7 are believed to be discussing a potential merger to survive a prolonged downturn for oilfield services companies, according to unconfirmed reports. A combination, if agreed and finalised, would create a European services giant but any deal would have to navigate EU competition rules.