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Brazil oil services

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Exxon, Petrobras Contest $4.6 Billion Subsea7–Saipem Merger

by Ikeoluwa Juliana Ogungbangbe September 24, 2025

by Ikeoluwa Juliana Ogungbangbe September 24, 2025

Exxon and Petrobras are challenging the $4.6 billion Saipem7 merger, warning it could limit competition in Brazil’s offshore subsea services sector

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PANDEF Seeks Overhaul of Petroleum Industry Act

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