Saipem awarded offshore drilling contract by Aker BP
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
The operations are expected to start from the end of 4Q22, upon termination of the works in which Scarabeo 8 is currently engaged.
Scarabeo 8 is a Saipem semi-submersible drilling rig able to work in harsh environments. It is a dual derrick deepwater unit with a dynamic positioning system and with enhanced mooring capabilities.
The contract duration is 3 years for an approximate value of US$325 million. The contract also includes the option of two 1-year extensions and encompasses potential upsides among which a performance bonus scheme and a mechanism of rate adjustment to market rates from the third year onward.
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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/17032022/saipem-awarded-offshore-drilling-contract-by-aker-bp/
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