Saipem: sale of Firenze FPSO to Eni confirmed

San Donato Milanese (Milan), 12 December 2013 – With reference to the sale of the Firenze FPSO  business line to Eni, following the approval of the transaction by the Eni’s Board of Directors,  Saipem confirms that the signature of the contract between the two companies is scheduled for  tomorrow, 13 December 2013.

The  contract  and  financial  terms  of  the  transaction  are  unchanged  since  yesterday’s  announcement by the Company. 

Saipem will lodge the information document regarding the transaction within the terms set out in  Article 5 of the Consob Regulation on related party transactions.


Saipem is organized into two Business Units: Engineering & Construction and Drilling, with a strong bias towards oil & gas related activities in remote areas and deepwater. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and execution of large-scale offshore and onshore projects, and technological competences such as gas monetization and heavy oil exploitation.

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Saipem: sale of Firenze FPSO to Eni confirmed 

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