By Liam Moloney and Barbara Calosso
Eni SpA (E) hasn't felt the impact of the probe by Milan
magistrates over possible corruption in some Algerian deals which
centers on the oil services company it controls, Saipem SpA
(SPM.MI), said Chief Executive Paolo Scaroni of Italy's biggest
energy company by market value Friday.
Last week, Saipem's chief executive and Eni's chief financial
officer resigned after Saipem received notice from Milan
magistrates they were investigating possible corruption in some
Saipem Algerian activities.
Both officials haven't been linked to the judicial probe.
Saipem said it acted lawfully and in accordance with internal
procedures.
Eni will renegotiate its natural gas contracts in 2013, said Mr.
Scaroni at a conference in Milan.
"We will start with the ones from Norway, Holland, Libya, Russia
and last with Algeria," he said.
The Eni executive also told reporters the Rome-based company
received many non-solicited offers for a share of its 70% stake in
a gas find in offshore Mozambique.
Write to Liam Moloney at liam.moloney@dowjones.com and Barbara
Calosso at barbara.calosso@mfdowjones.it
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