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Saipem Awarded New Offshore Drilling Contracts Totalling Over USD 200 million

Source: www.gulfoilandgas.com 4/5/2019, Location: Europe

Saipem has been awarded new contracts in offshore drilling in Norway and the Middle East totalling over USD 200 million.

One contract was signed with the German company Wintershall for the drilling of 2 wells plus 2 optional ones in continuity with previous engagements for operations offshore Norway. The contract will be executed by the sixth-generation semi-submersible rig Scarabeo 8, a drilling unit capable of operations in harsh environments.

The rig is expected to be under operation until approximately the second quarter of 2020. With this contract, Saipem consolidates its presence in the North Sea-Norwegian Sector and extends its client base in Offshore Drilling to a new important player.

Furthermore, Saipem has been awarded one contract in Middle East. This involves a four-year extension of the use of the high specs Jack up Perro Negro 7. Perro Negro 7 is a self-elevating drilling unit capable of operating in water depths of up to 375 feet.

Work commenced at the end of the first quarter of 2019. With this long-term commitment, Saipem strengthens and confirms its presence in a key area of shallow water operations and in a strategic market for the company overall.

Offshore Drilling News in Norway >>

Norway >>  12/12/2019 - Subsea 7 announced the award of a sizeable contract by Aker BP for the AErfugl Phase 2 gas field development, located approximately 210km west of Sand...
Norway >>  12/12/2019 - Kvaerner also announced a new agreement with Samsung Heavy Industries and Aker Solutions, for joint delivery of upcoming FPSO contracts. The partners ...

United Kingdom >>  12/12/2019 - Petrofac has secured two new Framework Agreements (FAs) for the provision of Engineering, Procurement, Construction and Commissioning (EPCC) services....
United Kingdom >>  12/11/2019 - Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration programme to be delivered under Maersk Drilling’...

Poland >>  12/3/2019 - Fluor Corporation (FLR) announced that it was awarded a services agreement by PKN ORLEN to provide project management contractor (PMC+) services for t...
Denmark >>  11/25/2019 - Total E&P Danmark A/S has awarded Emerson a contract to provide wellhead pressure monitoring technology to enhance safety during the multi-year redeve...

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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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