Saipem secures $135 million in offshore work from Eni

MILAN, October 22, 2025 – Saipem has secured contract awards and extensions worth approximately USD 135 million from Eni subsidiaries for offshore drilling work in West Africa, the Mediterranean and Asia, Saipem announced on Tuesday.

The Santorini ultra-deepwater drillship has been engaged to continue operations in Ghana and Côte d’Ivoire on behalf of Eni Ghana Exploration & Production and Eni Côte d’Ivoire, ahead of an upcoming drilling campaign in the Mediterranean Sea.

A second ultra-deepwater drillship, the Deep Value Driller, having completed its operations in Ghana for Eni Ghana Exploration & Production, will take on work in Indonesia under a new project for Eni Ganal Deepwater. The vessel is being managed by Saipem under a bareboat charter with a purchase option.

In addition, the Scarabeo 9 semisubmersible mobile offshore drilling unit has commenced operations in Libya under a new contract with Eni North Africa that will run until early 2026. The engagement comes after the conclusion of a drilling campaign in Egypt for offshore specialist Burullus Gas Company.

Photo of Santorini drillship courtesy of Saipem

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