The Sherpa Signal · 2026-07-24 HEAVYWEIGHT CLUSTER
260-Million-Dollar Offshore Drilling Deal Secures Côte d'Ivoire Campaign
Eni contracts Saipem for offshore drilling in West Africa
Saipem wins $260M offshore drilling contract from Eni for Côte d'Ivoire campaign
Deal value
$260M
Country
Côte d'Ivoire
Announced
2026-07-22
KEY FACTS
TypeSupply Agreement
Value$260M
SectorOil Gas
CountryCôte d'Ivoire
Announced2026-07-22
THE PARTIES
EniBuyer
SaipemSupplier
Standout $260M Oil Gas supply agreement
Sherpa analysis
Saipem's win demonstrates its resurgence in offshore drilling services. Eni is deepening its West African production push, selecting a proven deep-water partner to meet rising demand. The agreement bolsters Saipem's order book and strengthens Eni's cash flow, easing pressure on its outstanding bonds.
Parties
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The Sherpa Signal highlights one notable infrastructure transaction each day, drawn from the deals we track. Editorial commentary for information only — not investment advice. · Global Infrastructure Sherpa