Offshore drilling contracts for Saipem in Norway and Middle East

Source: press release, 20 May 2019

Sixth-generation semi-submersible rig ‘Scarabeo 8’
Sixth-generation semi-submersible rig ‘Scarabeo 8’ (photo: Saipem)

Saipem has been awarded new contracts in offshore drilling in Norway and the Middle East totalling over USD 100 million.

One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019. Works will be executed by the sixth-generation semisubmersible rig Scarabeo 8, a drilling unit capable of operations in harsh environments.

Additionally, Saipem has been awarded a new 3-year contract in the Middle East. Operations are expected to begin in the fourth quarter of 2019 and involve the use of a high spec jack-up. For this project, a vessel operated by Saipem will be utilised.