Saipem Secures €800 Million in Contracts from Eni
Italian oilfield services company Saipem has secured two major contracts totaling approximately €800 million ($911 million) from Eni and its affiliates. The first contract involves the third development phase of the Baleine offshore oil and gas field off Ivory Coast, covering engineering, fabrication, transport, and installation work for subsea infrastructure over a three-year period. Saipem will deploy vessels including FDS and Shen Da. The second project is an onshore assignment in Italy with Enilive, Eni's biofuels subsidiary, to construct a new deoxygenation unit at the biorefinery in Venice’s Porto Marghera. The facility aims to process 70 tonnes per hour of biogenic feedstocks and boost production of hydrotreated vegetable oil (HVO) biofuel. These contracts reinforce Saipem's collaboration with Eni, supporting both traditional energy infrastructure development and the expansion of sustainable fuel projects.
Topics: biofuels energy infrastructure oil_and_gas