Saipem bags new contracts in offshore drilling

Saipem has been awarded new contracts in offshore drilling involving the sixth-generation semi-submersible rig Scarabeo 8, suitable for harsh environments. Drilling activities will take place offshore Norway, and will last approximately 10 months, excluding options.

The first contract refers to the award by A/S Norske Shell of an optional well in relation to the contract previously assigned and announced last December.

The second contract has been awarded by Total E&P Norge A/S for the drilling of one well in direct continuity with the completion of the operations conducted for A/S Norske Shell.

An additional contract was also finalized with Aker BP for the drilling of 4 wells plus 2 optional. Operations are expected to commence within the end of the Q4 2018, following completion of operations for Total E&P Norge A/S.

In the offshore E&C sector, Saipem has been awarded a project by ConocoPhillips Ltd for decommissioning in the UK sector of the North Sea.

Finally, Saipem has also been awarded a new project in the Arabian Gulf. Works involve engineering, construction, offshore installation and commissioning of a new crude transmission line.

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