Italy’s Saipem secures €800M contracts from Eni

Italian energy services company Saipem has secured two new contracts from Eni Cote d’Ivoire Limited worth a combined approximately €800 million, the company said on Monday.

The first contract covers offshore engineering, procurement and installation works for the Baleine Phase 3 oil and gas development offshore Ivory Coast, including subsea pipelines, production systems and related infrastructure.

The second contract, awarded by Enilive, involves the engineering, procurement and construction of a new deoxygenation unit at the Venice Porto Marghera biorefinery in Italy to increase production capacity of hydrotreated vegetable oil biofuel.

Saipem said the awards strengthen its long-standing cooperation with Eni and support the development of both conventional energy infrastructure and low-carbon fuel production.

• Baleine Phase 3 oil and gas development offshore Ivory Coast
• Italian energy services company Saipem