Saipem secures $550m drilling contracts ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
Saipem, a company focused on engineering, drilling, and assembly of major projects in the energy and infrastructure sectors, has secured two offshore contracts worth nearly $550m. One of these contracts applies to the Middle East, where it ensures the continuity of the ongoing activity of the Perro Negro 7 jack-up drilling unit, by securing a ten-year extension to the existing contract. According to Saipem, the Perro Negro 7 is a jack-up capable of operating in water depths of up to 375 ft. The remaining contract is in the Mediterranean Sea, where Saipem has won a contract for the utilisation of the semi-submersible unit Scarabeo 9 for an estimated period of around six months (plus a further

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