Saipem secures over US$160M in new contracts

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

Saipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over 160 million USD.

According to one contract, the company will drill a well in Romania’s Black Sea waters, expectedly in the fourth quarter of 2019. Works will be executed by the semi-submersible rig Scarabeo 9, a drilling unit suitable for operations in the area, thanks to its ability to lower its tower which enables crossing of the Bosphorus Strait.

In addition, a contract has been awarded for drilling works offshore Abu Dhabi in the United Arab Emirates. The drilling activities will be carried out by the high spec jack u­­­p Perro Negro 8, in continuity with current operations. The contract will have a duration of 4 years.

Saipem has been contracted by ExxonMobil Guyana for the Engineering, Procuring, Construction and Installation of the Subsea Umbilicals Risers Flowlines for the Liza Phase 1 and 2 Development projects.

- ADVERTISEMENT -
[td_block_social_counter]
spot_img

Partnered Events

Latest News

SBM Offshore expects US$1.9 billion in EBITDA this year, driven by Guyana FPSO sales

SBM Offshore has updated its 2024 guidance for earnings before interest, taxes, depreciation and amortization (EBITDA)to US$1.9 billion, representing...

More Articles Like This