Saipem Wins Contracts Worth $800M

  • Saipem has secured five new offshore drilling contracts.

  • Saipem has been awarded two contracts in the ultra-deepwater segment for drilling operations in West Africa with the sixth-generation drillship Saipem 12000

Saipem, an Italian energy industry services firm, has secured five new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million. In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units, the Perro Negro 12 and Perro Negro 13, chartered by third parties for drilling and workover activities on the specific projects. Both projects are scheduled to start between the third and fourth quarters of 2023. The duration of the operations will be five years plus two optional years for the first unit and three years plus one optional year for the second offshore drilling rig. 

Saipem has been awarded two contracts in the ultra-deepwater segment for drilling operations in West Africa with the sixth-generation drillship Saipem 12000. Eni Cote d’Ivoire has awarded the first contract for drilling operations offshore Ivory Coast, expected to start in the fourth quarter of 2022 and extend the current activities of the rig in the area by about six months.

Azule Energy has awarded the second contract for the drilling, completing, and testing of development and exploration wells offshore Angola in Block 15/06 operated by Eni Angola S.p.A. The project is set to begin in 2023, continuing the rig’s previous work in West Africa. Saipem said, “With the contracts announced today since the beginning of 2022, Saipem has been awarded new contracts in the offshore drilling segment for a total amount of about 1,6 billion EUR equivalent”. 

 

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