Gulf Oil and Gas accountACCOUNT

Saipem Awarded New Contracts & Extensions Worth $1.7b

Source: www.gulfoilandgas.com 12/27/2019, Location: Africa

Saipem has been awarded new contracts and extensions on existing contracts in Onshore Drilling and Offshore Drilling for an overall amount of approximately 1.7 billion USD.

The contracts related to the Onshore Drilling Division encompass 19 land-rigs located in Middle East, with power between 1500 and 2000 HP, and their duration range from three up to ten years. In addition, new contracts and extensions on other existing contracts have been assigned for new works that will be executed in Bolivia, Peru? and Romania.

The contracts related to the Offshore Drilling Division concern activities to be executed in Norway and in Angola.

Stefano Cao, CEO of Saipem, commented: “The award of these contracts proves the solidity and reliability of the operational performance of our Drilling Divisions and further strengthens Saipem’s long-time presence in strategic areas of the world”.

For more information about related Opportunities and Key Players visit West Africa Projects

Rigs >>

Rigs News in Angola >>

Australia >>  8/11/2020 - Empire Energy Group Limited has executed a Rig Services Contract with Schlumberger for the drilling of the Carpentaria-1 well in EP187 for spudding in...
United States >>  8/7/2020 - Baker Hughes (BKR) announced that the Baker Hughes international rig count for July 2020 was 743 down 38 from the 781 counted in June 2020, and down 4...

Brazil >>  7/17/2020 - Petrobras, following up on the releases disclosed on 05/17/2019 and 06/21/2019, informs that, yesterday, the United States Court of Appeals for the Fi...
Mexico >>  7/17/2020 - Ensign Energy Services Inc. is pleased to announce the acquisition of Halliburton's 40% ownership in the joint venture operating under the name Trinid...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Angola Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.