Saipem has been awarded a number of onshore and offshore contracts within the Center East value round US$1.25bn
The contracts embrace the 10-year extension of current onshore drilling contracts concerning 4 land-rigs within the Center East. (Picture supply: Adobe inventory)
They embrace the 10-year extension of current onshore drilling contracts concerning 4 land-rigs within the Center East value round US$600mn. The land rigs, with energy starting from 1,500 to 2,000 HP, will likely be employed for exploration and manufacturing actions in numerous oil and fuel fields, in continuity with operations underneath execution within the space.
Saipem has additionally been awarded 4 new contracts within the Center East encompassing the engineering, procurement, development and set up of a number of offshore jackets, decks, subsea pipelines, subsea composite cables, umbilicals, fibre optic cables and brownfield modifications. The mixed worth of the contracts is roughly US$650mn.
These observe the award of recent contracts to Saipem in offshore drilling within the Center East and in West Africa value greater than US$400mn in April. They embrace two contracts for 2 excessive specification jack-up drilling items within the Center East, consisting of drilling and workover operations for a period of 5 years.
