Synectics (LSE:SNX) has secured a £1.4 million contract to supply Eni with an integrated security and surveillance solution for its Kutei Floating Production, Storage and Offloading (FPSO) project in Southeast Asia.
The AIM-listed group, which specialises in advanced surveillance and operational intelligence systems, expects to deliver the contract during the first quarter of 2027.
The solution pairs Synectics' Synergy platform with its latest 4K explosion-proof COEX cameras, which feature integrated infrared illumination for low- and no-light conditions, and will also integrate third-party systems into a single operational environment.
The company said the built-in infrared capability cuts the need for additional equipment, lowering cost and maintenance overheads, while the combined platform aims to give operators faster, more informed responses to security and safety events.
The win builds on Synectics' existing installations with Eni and reflects its strategy of extending market reach through systems integrator partners while deepening ties in core sectors.
"Eni's existing experience of our technology is a strong endorsement of the performance and reliability of our solutions in some of the most demanding environments," said Amanda Larnder, Synectics' chief executive officer.
News Intelligence what this means for the company
Synectics has won a £1.4 million contract to supply integrated security and surveillance for Eni's Kutei FPSO in Southeast Asia, with delivery expected in Q1 2027. The win extends the company's footprint in energy infrastructure and builds on existing Eni installations, signalling repeat customer confidence in its Synergy platform and 4K explosion-proof camera technology in demanding offshore environments.
This contract reinforces Synectics' strategy of deepening ties in core regulated sectors (energy, CNI) through repeat customer wins. At £1.4m, the contract is material relative to the company's scale as an AIM-listed systems integrator, and the Q1 2027 delivery window adds to a growing pipeline of projects (including a $2.4 million U.S. West Coast casino contract also expected in 2027), though execution risk on multiple concurrent deliveries warrants monitoring.
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