Saipem Scoops $135M in New Drilling Rig Contracts and Extensions

Wednesday, October 22, 2025

Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of approximately $135 million, further reinforcing its presence in key strategic areas such as West Africa, the Mediterranean, and the Far East.

The Santorini, a seventh-generation drillship, will continue operations in Ghana and Côte d’Ivoire respectively on behalf of Eni Ghana Exploration & Production and Eni Côte d’Ivoire, ensuring continuity of activities ahead of the next drilling campaign in the Mediterranean Sea.

In addition, the Deep Value Driller, a seventh-generation drillship managed by Saipem under a bareboat charter agreement, has completed its operations in Ghana on behalf of Eni Ghana Exploration & Production and will be employed for a new project in Indonesia for Eni Ganal Deepwater, with activities expected to commence by the end of the year.

The Scarabeo 9, having recently completed a successful drilling campaign in Egypt for Burullus Gas Company, an Egyptian oil and gas company active in offshore gas production, has started operations in Libya under a new contract with Eni North Africa, that will keep the rig active until early 2026.

Categories: Drilling Industry News Activity Europe Drillships Oil and Gas

Related Stories

Equinor Gets Permit to Drill North Sea Wildcat Well

TDK’s Tronics Launches High-Temp MEMS Sensor for Drilling Applications

Equinor and ORLEN Find Gas, Condensate in North Sea

Current News

Coastal Virginia Offshore Project Costs Increases to $11.5b

Equinor Extends Seadrill Drillship’s Stay off Brazil

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Subscribe for OE Digital E‑News