Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.
One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019. Works will be executed by the sixth-generation semisubmersible rig Scarabeo 8, a drilling unit capable of operations in harsh environments.
Furthermore, Saipem has been awarded a new three-year contract in the Middle East. Operations are expected to begin in the fourth quarter of 2019 and involve the use of a high spec jack-up. For this project, a vessel operated by Saipem will be utilized.
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