Saipem awarded contract from Enilive for expansion of Venice biorefinery

Saipem announced June 24 that it has been awarded a new contract from Enilive for the engineering, procurement and construction (EPC) activities aimed at expanding the Enilive biorefinery in Porto Marghera near Venice, Italy, valued at approximately 155-million euros (USD$181.5 million). 

The award is part of the recently renewed collaboration agreement on biorefining between the two companies and follows Eni’s assignment to Saipem of the contract for the start of preliminary detailed engineering activities, procurement services and the purchase of critical equipment for the same project, announced in March. 

The project involves increasing the plant’s capacity from the current 400,000 tons per year (tpy) to 600,000 tpy and the production of sustainable aviation fuel (SAF) starting from 2027. 

Saipem said the award of this new contract confirms its commitment to the energy-transition sector and its positioning in the biorefining segment. 

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore.  

The company has six fabrication yards and an offshore fleet of 17 construction vessels owned and 14 drilling rigs, of which nine owned.  

Listed on the Milan Stock Exchange, Saipem is present in more than 50 countries around the world and employs about 30,000 people of over 130 nationalities.