Saipem Secures €800 Million in New Eni Contracts for Offshore and Biorefinery Projects

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-27T07:00:00Z
Category: business
Source: Saipem
Original source

Saipem has been awarded two contracts by Eni, totaling approximately €800 million. One contract involves the Baleine Phase 3 project offshore Ivory Coast for subsea infrastructure, while the other is for a new deoxygenation unit at Enilive's Venice biorefinery to boost HVO biofuel production. These agreements highlight significant investments in both offshore energy development and renewable fuel capabilities.

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