Saipem receives offshore drilling rig contract extensions

Saipem has won four offshore drilling contracts with a total value of $540 million.

Offshore staff

SAN DONATO MILANESE, ItalySaipem has won four offshore drilling contracts with a total value of $540 million.

Offshore Abu Dhabi, NDC has extended the contract for the jackupPerro Negro 2 by two years, starting in January 2015.

OffshoreWest Africa, Saipem’s contract for the deepwater semisubmersible Scarabeo 3 has been extended to next March.

Offshore Ecuador, EP Petroamazonas has extended by 10 months its charter of the jackupOcean Spur, which Saipem operates, until end-March 2015.

Finally, Eni Muara Bakau has contracted the semisubScarabeo 7 to drill a minimum of 12 wells offshore Indonesia, with drilling due to be completed in 1Q 2017. However, the rig will remain under contract with Eni until February 2018.

07/29/2014

More in Rigs/Vessels