Saipem Signs Major Seven Hundred Million Euro Contract with Eni

Saipem has distinguished itself from industry competitors by securing a approximately 700 million euro contract with Eni Industrial Evolution for the construction of the Priolo biorefinery in Sicily. While many firms provide general infrastructure services, Saipem’s selection for this Engineering, Procurement, and Construction (EPC) mandate highlights its specialized ability to execute complex industrial conversions. This project, a joint venture between Eni and Q8 Italia, positions Saipem at the forefront of the energy transition by transforming traditional industrial sites into high-tech hubs for sustainable fuel production.

Strategic Scope and Technical Capacity
The agreement covers the detailed engineering and material procurement necessary to establish a facility with an annual capacity of 500,000 tonnes. Unlike standard refineries, the Priolo plant is designed for high operational flexibility, allowing for the simultaneous production of Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) diesel. By integrating advanced technological expertise gained through previous collaborations with Eni in 2023 and 2025, Saipem is implementing a versatile production model that meets the specific fluctuating demands of the modern bio-jet and renewable diesel markets.

Execution Timeline and Market Leadership
Scheduled for completion by the end of 2028, the project serves as a practical application of Saipem’s proprietary engineering solutions for decarbonization. The company’s leadership in this sector is defined by its capacity to manage the entire lifecycle of biorefinery construction, from initial design to final assembly. This contract reinforces Saipem’s competitive edge in the sustainable development sector, demonstrating an ability to deliver large-scale, low-carbon infrastructure that supports global energy shifts while maintaining rigorous industrial standards.

Edited by Evgeny Churilov, Induportals Media - Adapted by AI.

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