Eni operates in engineering, construction and drilling both offshore and onshore for the oil&gas industry through Saipem, a subsidiary listed on the Italian Stock Exchange (Eni's interest is 43%).
Orders acquired amounted to €13,391 million (€12,505 million in 2011), of which 96% represented by projects to be carried out outside Italy, while orders from Eni companies amounted to 5% of the total.
Order backlog amounted to €19,739 million at December 31, 2012 (€20,417 million at December 31, 2011), of which € 10,943 million to be carried out within 2013. The decline in order backlog reflects the cancellation of the Jurassic contract (€700 million) in the third quarter of 2012 in the Engineering & Construction Onshore business.
Last updated on 21/05/13