Baker Hughes Wins Significant Subsea Production Systems and Services Award for Eni’s Cronos Gas Development

Baker Hughes, an energy technology company, has secured a contract from Eni to supply subsea production systems and services for the company's deepwater Cronos gas development offshore Cyprus. The contract was booked in the third quarter of 2026.

To support Eni's accelerated project timeline, Baker Hughes will apply its deepwater expertise and standardized, configurable subsea production solutions to simplify project execution, reduce delivery risks and accelerate the timeline to first gas. The supplier-led approach is intended to improve schedule predictability and help Eni achieve key project milestones.

“Baker Hughes has worked alongside Eni on deepwater projects around the world for many years, and Cronos is another important step in that relationship,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti. “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.”

The contract covers the supply of deepwater subsea production systems, including subsea trees, wellheads, connectors, manifolds, topside controls and related services.

Project execution is already underway, with the first equipment deliveries scheduled for the first half of 2027.