{"id":14730,"date":"2025-02-24T11:37:37","date_gmt":"2025-02-24T11:37:37","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14730"},"modified":"2025-02-26T11:41:56","modified_gmt":"2025-02-26T11:41:56","slug":"saipem-and-subsea7-agree-on-possible-merger","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/saipem-and-subsea7-agree-on-possible-merger\/","title":{"rendered":"Saipem and Subsea7 Agree on Possible Merger"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a memorandum of understanding . The Proposed Combination is expected to create a global leader in energy services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The combination of Saipem and Subsea7 will be renamed Saipem7, and will have a combined backlog of \u20ac43 billion, Revenue of approx. \u20ac20 billion\u00a0and EBITDA in excess of \u20ac2 billion<\/li>\n\n\n\n<li>A global organisation of over 45,000 people, including more than 9,000 engineers and project managers<\/li>\n\n\n\n<li>Highly complementary geographical footprints, competencies and capabilities, vessel fleets and technologies that will benefit the Combined Company\u2019s global client base<\/li>\n\n\n\n<li>Saipem and Subsea7 shareholders will own 50% each of the share capital of the Combined Company<\/li>\n\n\n\n<li>Subsea7 shareholders will receive 6.688 Saipem shares for each Subsea7 share held. Subsea7 will distribute an extraordinary dividend for an amount equal to \u20ac450 million immediately prior to completion<\/li>\n\n\n\n<li>Transaction expected to deliver material value creation for the shareholders of both Saipem and Subsea7. Annual synergies of approximately \u20ac300 million are expected to be achieved in the third year after completion, with one-off costs to achieve such synergies of approximately \u20ac270 million<\/li>\n\n\n\n<li>The Combined Company will be listed on both the Milan and Oslo stock exchange<\/li>\n\n\n\n<li>Siem Industries, reference shareholder of Subsea7, as well as Eni and CDP Equity, reference shareholders of Saipem, have expressed their strong support and intend to vote in favour of the transaction<\/li>\n\n\n\n<li>Completion anticipated to occur in the second half of 2026<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The management of both Saipem and Subsea7 share the conviction that there is compelling logic in creating a&nbsp;global leader in energy services, particularly considering the growing size of clients\u2019 projects. Saipem and Subsea7 are highly complementary in terms of market offerings and geographies. The combination would enhance value for shareholders, and all stakeholders, both in the current market and in the long term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CDP Equity, Eni and Siem Industries have entered into a separate Memorandum of Understanding, undertaking to support the Proposed Combination and agreeing on the terms of a Shareholders Agreement, to be effective from completion of the Proposed Combination. As part of this, it is intended that the Combined Company\u2019s Chairman will be designated by Siem Industries and that the Combined Company\u2019s CEO will be designated by CDP Equity and Eni. In addition, it is currently envisaged that Mr Alessandro Puliti will be appointed as CEO of the Combined Company<a href=\"https:\/\/www.saipem.com\/en\/media\/press-releases\/2025-02-23\/proposed-combination-saipem-and-subsea7#_ftn5\">[5]<\/a>&nbsp;while it is currently envisaged that Mr John Evans will be the CEO of the entity that will manage the Offshore business of the Combined Company. Such Offshore business will comprise all of Subsea7 and Saipem\u2019s Offshore Engineering &amp; Construction activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The by-laws of the Combined Company are expected to provide for loyalty shares (double votes).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strategic Rationale of the Proposed Combination<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Proposed Combination would be beneficial to the clients of both Saipem and Subsea7, bringing together the respective strengths of both companies:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Comprehensive Solutions for Clients<\/em>: a full spectrum of offshore and onshore services, from drilling, engineering and construction to life-of-field services and decommissioning, with an increased ability to optimise project schedules for clients in oil, gas, carbon capture and renewable energy<\/li>\n\n\n\n<li><em>World-class Expertise and Experience:\u00a0<\/em>a talented, global workforce of over 45,000 people, including more than 9,000 engineers and project managers, in more than 60 countries, contributing to deliver solutions unlocking value for clients<\/li>\n\n\n\n<li><em>Global Reach and Diversified Fleet:<\/em>\u00a0an expanded and diversified fleet of more than 60 construction vessels enhancing the Combined Company\u2019s ability to undertake a wide range of projects, from shallow water to ultra-deepwater operations, utilising a full portfolio of heavy lift, high-end J-lay, S-lay and reel-lay rigid pipeline solutions, flexible pipe and umbilical lay services and market-leading wind turbine, foundation and cable lay installation capabilities<\/li>\n\n\n\n<li><em>Innovation and Technology<\/em>: combined expertise to foster innovation in offshore technologies, ensuring cutting-edge solutions for complex projects<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction would create significant shareholder value through:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Synergies<\/em>: expected annual synergies of approximately \u20ac300 million in the third year after completion, driven by fleet optimisation, procurement, sales and marketing, and process efficiencies<\/li>\n\n\n\n<li><em>A More Efficient Capital Investment Programme<\/em>: optimised allocation of capital across a broader, complementary vessel fleet\u00a0<\/li>\n\n\n\n<li><em>An Attractive Shareholder Remuneration Policy<\/em>: post-completion, Saipem7 is expected to pay a dividend of at least 40% of Free Cash Flow<a href=\"https:\/\/www.saipem.com\/en\/media\/press-releases\/2025-02-23\/proposed-combination-saipem-and-subsea7#_ftn6\">[6]<\/a>\u00a0after repayment of lease liabilities<\/li>\n\n\n\n<li><em>Enhanced Capital Structure:<\/em>\u00a0a solid balance sheet that is expected to support an investment grade credit rating<\/li>\n\n\n\n<li><em>Greater Scale in Both Equity and Debt Capital Markets<\/em>: access to a wider investor base and to more diversified sources of capital<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Transaction Structure and Ownership<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The\u00a0Combined Company would be created by way of an EU cross-border statutory merger carried out by way of incorporation of Subsea 7 into Saipem, with the latter to be renamed &#8220;Saipem7&#8221;. The Combined Company would be headquartered in Milan and have its shares listed on both the Milan and the Oslo stock exchanges<\/li>\n\n\n\n<li>Siem Industries (being the largest shareholder of Subsea7) would then own approximately 11.9% of the Combined Company\u2019s capital, while Eni and CDP Equity (being the largest shareholders of Saipem) would own approximately 10.6% and approximately 6.4%, respectively<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Transaction Terms<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Subsea7 shareholders would receive 6.688 new Saipem7 shares for each Subsea7 share held<\/li>\n\n\n\n<li>Assuming all Subsea7 shareholders participate in the merger, the share capital of the Combined Company will be held 50-50% by the current shareholders of Saipem and Subsea7<\/li>\n\n\n\n<li>Immediately prior to completion of the Proposed Combination, Subsea7 shareholders would receive an extraordinary cash dividend of \u20ac450 million<a href=\"https:\/\/www.saipem.com\/en\/media\/press-releases\/2025-02-23\/proposed-combination-saipem-and-subsea7#_ftn7\">[7]<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Organisational Structure of the Combined Company<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Combined Company will be structured in four businesses: Offshore Engineering &amp; Construction, Onshore Engineering &amp; Construction, Sustainable Infrastructures and Offshore Drilling<\/li>\n\n\n\n<li>The Offshore Engineering &amp; Construction business will be incorporated in an operationally autonomous company, named Subsea7 and branded as \u201cSubsea7 \u2013 a Saipem7 Company\u201d, and it is currently envisaged that it will be led by Mr John Evans. It will comprise all of Subsea7\u2019s business and the Asset Based Services business of Saipem, representing approximately 83% of the combined group\u2019s EBITDA of the last 12 months as of 30 September 2024. The company will be headquartered in London<\/li>\n\n\n\n<li>In line with Saipem\u2019s previous strategy, the Onshore Engineering &amp; Construction will be run with a focus on reducing overall risk and maximising profitability. The Sustainable Infrastructures business will aim to consolidate its presence in the Italian market with potential expansion overseas. The Offshore Drilling division will seek to continue to maximise its EBITDA and cash flow.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Timing, Conditions Precedent and Approvals<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The entering into and signing of binding definitive documents in respect of the Proposed Combination is conditional,&nbsp;<em>inter alia<\/em>, on the successful completion of confirmatory due diligence by the parties, the execution of a mutually satisfactory merger agreement (the \u201c<strong>Merger Agreement<\/strong>\u201d) and the approval of the final terms of the Proposed Combination by the Board of Directors of Saipem and Subsea7. The parties will also engage with the relevant works council consultations required by the applicable laws.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saipem and Subsea7 have undertaken mutual exclusivity obligations in connection with the negotiations of the Proposed Combination.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moreover, completion of the Proposed Combination will be subject to customary conditions precedent for a transaction of this nature, including,&nbsp;<em>inter alia<\/em>, approval by the shareholders\u2019 meetings of both Saipem and Subsea7, the former to be also passed with the so-called whitewash majorities for the purposes of the mandatory takeover bid exemption<a href=\"https:\/\/www.saipem.com\/en\/media\/press-releases\/2025-02-23\/proposed-combination-saipem-and-subsea7#_ftn13\">[13]<\/a>, and obtaining the required Italian government approval and customary regulatory clearances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Until such conditions precedent are satisfied, there can be no certainty that the Proposed Combination will occur.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The MoU also provides for termination rights for each of Saipem and Subsea7 in connection with material findings in the context of the confirmatory due diligence, or upon payment of a break-up fee, should any of the companies wish to terminate the negotiations at its discretion before entering into the Merger Agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The parties currently envisage to submit the final terms of the Proposed Combination to their respective Board of Directors for approval and to enter into the Merger Agreement around mid-2025. Completion is currently anticipated to occur in the second half of 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/saipem-and-subsea7-agree-on-possible-merger\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[1553,3232,11805],"class_list":["post-14730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-merger","tag-saipem","tag-subsea7","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Saipem-12000.jpg?fit=768%2C576&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3PA","jetpack-related-posts":[{"id":15688,"url":"https:\/\/www.oilnewskenya.com\/index.php\/euatorial-guinea-subsea7-awarded-contract-offshore-on-the-aseng-gas-monetisation-project\/","url_meta":{"origin":14730,"position":0},"title":"EUATORIAL GUINEA: Subsea7 awarded contract offshore\u00a0on the Aseng Gas Monetisation Project","author":"Samuel Kamau Mbote","date":"April 6, 2026","format":false,"excerpt":"Subsea7 has announced the award of a substantial\u00a0contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng Gas Monetisation Project, offshore Equatorial Guinea. The project involves a single-well tieback connecting Aseng field to the existing Alen platform. The scope of work covers the\u2026","rel":"","context":"In \"Alen platform\"","block_context":{"text":"Alen platform","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/alen-platform\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/04\/Subsea-Aseng-field.png?fit=940%2C404&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/04\/Subsea-Aseng-field.png?fit=940%2C404&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/04\/Subsea-Aseng-field.png?fit=940%2C404&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/04\/Subsea-Aseng-field.png?fit=940%2C404&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14964,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namcor-signs-mou-with-subsea7-to-advance-offshore-energy-development\/","url_meta":{"origin":14730,"position":1},"title":"NAMIBIA: NAMCOR Signs MoU with Subsea7 to Advance Offshore Energy Development","author":"","date":"May 1, 2025","format":false,"excerpt":"NAMCOR has signed a Memorandum of Understanding (MoU) with global offshore energy contractor Subsea7 to advance offshore energy development in Namibia. This strategic collaboration marks a major step in building technical capacity, driving innovation, and supporting sustainable growth in the oil and gas sector.","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/08\/Eco-Atlantic_Namibia-Licence-Map_July-2021-761x1024-1.png?fit=761%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/08\/Eco-Atlantic_Namibia-Licence-Map_July-2021-761x1024-1.png?fit=761%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/08\/Eco-Atlantic_Namibia-Licence-Map_July-2021-761x1024-1.png?fit=761%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/08\/Eco-Atlantic_Namibia-Licence-Map_July-2021-761x1024-1.png?fit=761%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":15753,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-subsea7-awarded-epci-contract-in-block-15\/","url_meta":{"origin":14730,"position":2},"title":"ANGOLA: Subsea7 Awarded EPCI Contract in Block 15","author":"Samuel Kamau Mbote","date":"May 6, 2026","format":false,"excerpt":"Subsea7 today announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 Likembe Project in Block 15, offshore Angola. Project management and engineering will be managed by Subsea7\u2019s offices in Paris,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/05\/Subsea7.png?fit=940%2C404&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/05\/Subsea7.png?fit=940%2C404&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/05\/Subsea7.png?fit=940%2C404&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/05\/Subsea7.png?fit=940%2C404&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":15064,"url":"https:\/\/www.oilnewskenya.com\/index.php\/subsea7-awarded-contract-offshore-west-africa\/","url_meta":{"origin":14730,"position":3},"title":"Subsea7 awarded contract offshore West Africa","author":"","date":"May 22, 2025","format":false,"excerpt":"Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign. Project management and engineering work will begin immediately at Subsea7\u2019s offices in\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Subsea7.jpg?fit=1200%2C515&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Subsea7.jpg?fit=1200%2C515&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Subsea7.jpg?fit=1200%2C515&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Subsea7.jpg?fit=1200%2C515&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Subsea7.jpg?fit=1200%2C515&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13653,"url":"https:\/\/www.oilnewskenya.com\/index.php\/egypt-subsea-integration-alliance-awarded-raven-infills-project-contract\/","url_meta":{"origin":14730,"position":4},"title":"EGYPT: Subsea Integration Alliance Awarded Raven Infills Project Contract","author":"","date":"May 3, 2023","format":false,"excerpt":"Subsea 7 S.A. has announced the award of a substantial contract to Subsea Integration Alliance\u00a0by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt. \u00a0\u00a0 The contract scope is for a two-well tie-back in the West Nile Delta block and includes the engineering, procurement, transport\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Egypt-West-Nile-Block-scaled.jpg?fit=885%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Egypt-West-Nile-Block-scaled.jpg?fit=885%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Egypt-West-Nile-Block-scaled.jpg?fit=885%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Egypt-West-Nile-Block-scaled.jpg?fit=885%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14335,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-saipem-awarded-3-new-contracts-by-totalenergies-block-20-for-the-kaminho-project\/","url_meta":{"origin":14730,"position":5},"title":"ANGOLA: Saipem Awarded 3 New Contracts by TotalEnergies Block 20 for the Kaminho project","author":"","date":"May 29, 2024","format":false,"excerpt":"Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho project relating to the development of Cameia and Golfinho oil fields, located approximately 100 km off the coast of Angola. The overall amount of the contracts is 3.7 billion USD.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14730"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14730\/revisions"}],"predecessor-version":[{"id":14731,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14730\/revisions\/14731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/13359"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}