Eni Cyprus Ltd. and Eni Ghana Exploration & Production Ltd. have awarded two new offshore drilling contracts to Saipem.

The Eni Cyprus contract includes offshore drilling activities within the Exclusive Economic Zone of the Republic of Cyprus using the drillship Saipem 10000. Operations are expected to begin between November 2026 and January 2027.

The Eni Ghana contract involves the use of the Scarabeo 9 semi-submersible rig for drilling activities offshore Ghana.

The combined contracts have a total value of about $121 million.