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Saipem secures new drilling contracts

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Oilfield Technology,

Saipem has been awarded new drilling contracts and extensions to existing contracts, which together are valued at approximately €150 million. The contracts are for work in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America.

Saipem has received an Eni Portugal B.V. a contract for the use of the Saipem 12000, which will operate offshore Portugal. Saipem 12000 is a sixth generation ultra-deepwater drilling ship capable of operating in water depths of over 3000 m.

In Norway, the contract with Eni Norge for the Scarabeo 8 has been extended up to October 2017.

In onshore drilling, Saipem has been awarded new contracts by a number of different clients relating to land drilling rigs in South America, Saudi Arabia, Kazakhstan and Morocco. The contracts vary in length from 2 months to 2 yrs.

Edited from press release by

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