Saipem consolidates the order portfolio with two new orders assigned from the Eni group for a total value of approximately 800 million euroThe contracts concern two different but strategic areas for the company, from the offshore development of Baleine deposit in Ivory Coast to the strengthening of biofuel production at the Enilive biorefinery in Venice.
New acquisitions strengthen the collaboration between Saipem and Eni and confirm the group's positioning both in traditional energy industry activities and in projects related to the transition towards fuels with a lower environmental impact.
Saipem to work on the third phase of the Baleine field
The most significant contract on the offshore front was awarded by Eni Côte d'Ivoire, a subsidiary of Eni, together with the partners of the Baleine Phase 3 project. This is the third phase of oil and gas field development located off the coast of Ivory Coast, in waters up to 1.300 meters deep.
Saipem will take care of The project includes the engineering, fabrication, transportation, and installation of approximately 50 kilometers of rigid pipelines, as well as related subsea structures. The project also includes the installation of flexible risers and jumpers, subsea production systems, and a three-kilometer flowline for gas export. The scope of activities also includes the installation of approximately 22 kilometers of underwater umbilicals, used to monitor and power the systems on the seabed. The work is expected to last approximately three years and will also be carried out using the construction vessels FDS and Shen Da.
New biofuels plant in Porto Marghera
Il according to contract It was awarded by Enilive and concerns the Venice biorefinery, located in the Porto Marghera industrial area. Saipem will carry out the engineering, procurement, and construction activities of a new deoxygenation unit.plant will be designed It will process up to 70 tons of biogenic materials per hour and will increase the production capacity of HVO, an acronym for "Hydrotreated Vegetable Oil." This biofuel, obtained by treating biological raw materials, is intended for the mobility sector.
The new contract is part of the collaboration agreement between Eni and Saipem in the field of biorefiningThe project follows the contract announced in June 2025 for the construction of the biojet production facilities at the same Venetian biorefinery.
