Saipem awarded onshore drilling contracts

Source: press release, 13 March 2019

photo: Saipem
photo: Saipem

Saipem has been new awarded new contracts, and extensions to other already existing contracts, in onshore drilling worth approximately USD 220 million in total.

The new contracts involve projects to be carried out in Bolivia and Saudi Arabia, while the extensions of contracts already underway concern Saudi Arabia, Peru, Morocco and Romania.

Francesco Racheli, Chief Operating Officer of Onshore Drilling, comments, “The awarding of these new contracts in South America and the Middle East rewards our efforts to optimise operations and confirms the strategy of the Onshore Drilling division to consolidate our presence in important geographical areas such as the Middle East and South America and expand our client base.”