Saipem Tallies $160 Mln Drilling Contracts

Monday, July 22, 2019

Italian based offshore services company Saipem said it has netted new offshore drilling contracts in Romania and Abu Dhabi worth over $160 million combined.

Under one of the contract awards, Saipem will drill a well in Romania’s Black Sea waters using the semi-submersible rig Scarabeo 9. Drilling is scheduled to take place in the fourth quarter of 2019. The Scarabeo 9 drilling unit is suited for operations in the area, thanks to its ability to lower its tower which enables crossing of the Bosphorus Strait.

The other contract has been awarded for drilling work offshore Abu Dhabi in the United Arab Emirates. The drilling activities will be carried out by the high spec jack-up Perro Negro 8, in continuity with current operations. The contract will have a duration of four years.

Categories: Contracts Middle East Drilling Europe

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