Baker Hughes Wins Significant Subsea Production Systems and Services Award for Eni’s Cronos Gas Development
Key Highlights
- ➤Baker Hughes (BKR) won a significant subsea production systems and services contract from Eni.
- ➤Cronos gas development is a deepwater project offshore Cyprus using Baker Hughes subsea equipment and services.
- ➤Contract was booked in the third quarter of 2026.
- ➤Initial equipment deliveries are expected in the first half of 2027.
Expert Statements
Amerino Gatti, Executive Vice President of Oilfield Services & Equipment at Baker Hughes
“Baker Hughes has worked alongside Eni on deepwater projects around the world for many years, and Cronos is another important step in that relationship.”
Amerino Gatti, Executive Vice President of Oilfield Services & Equipment at Baker Hughes
“By pairing our expertise in complex deepwater environments with configurable subsea production solutions, we are supporting Eni’s efforts to safely bring its reserves into production with their fast track approach.”
HOUSTON and LONDON, Oct. 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a significant contract from Eni to provide subsea production systems and services for its deepwater Cronos gas development offshore Cyprus. The award was booked in the third quarter of 2026.
To support Eni’s accelerated project schedule, Baker Hughes will leverage its deepwater expertise and standardized, configurable subsea production solutions to help reduce complexity, de-risk delivery and shorten the path to first gas. This supplier-led approach is designed to provide greater schedule predictability, supporting Eni to meet key project milestones.
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