The transaction has been approved by the board of Eni, which owns a 43% stake in Saipem.
Snamprogetti is a 100% subsidiary of Eni, operating primarily as a main contractor, active in the global design and implementation of large-scale oil and gas projects, production, refining, treatment and monetisation of natural gas, chemical and fertilizer plants, power and environmental plants, upstream field facilities and pipelines, and infrastructures.
The
