OffshoreWIND.biz27 Jul 2026Competition
Automatically composed with AI from the cited sources
The Commission's preliminary findings identify the SURF services market for oil-and-gas and CCS projects as the specific area of concern, stating Saipem and Subsea7 are two of three global leaders with few credible alternatives, and that remaining rivals are substantially smaller with limited capacity. The investigation will also assess whether the transaction raises competition concerns in trunkline services and subsea decommissioning, with a final decision deadline of 26 November 2026.
Context
It adds the specific market scope and competitive dynamics that were unspecified when the Phase II review was opened on 22 July.
