Saipem Awarded $255M Onshore and Offshore Drilling Contracts

Source: www.gulfoilandgas.com 12/20/2018, Location: South America

Saipem has been awarded new onshore and offshore drilling contracts worth approximately 255 million USD in total. In onshore drilling the new contracts have been obtained in Argentina, Ecuador and Peru.

In offshore drilling, a contract has been signed with Eni Messico for the drilling, offshore Mexico, of 15 wells, plus 13 optional ones split in three different options. Work is expected to commence in the first quarter of 2019 utilizing the new high specification Jack-Up Pioneer chartered from Jindal group. This unit will enlarge Saipem’s shallow water drilling fleet, for the period of contract validity.

Another contract has been awarded by Eni in the offshore Norwegian sector for which the Scarabeo 8, a harsh environment high specialized semisubmersible drilling unit, will be deployed. The work consists of the drilling of one well in 2019.

Furthermore, Saipem consolidates its presence in the Middle East, a strategic area for the Company, thanks to the extension of offshore drilling activities of Jack-Up drilling units already operating in the area.

Finally, two contracts have been awarded by Eni, one in Pakistan, with the drillship Saipem 12000 and one contract extension in Indonesia, with the utilization of Scarabeo 7.

Stefano Cao, Saipem CEO, commented: “The awarding of important contracts in onshore drilling in South America marks the solidification of Saipem in the area and the strengthening of our presence in a market of particular interest in terms of size and prospects for growth. The new offshore drilling contracts confirm the Company’s consolidation strategy both with long-term and new clients with a view to growth in the drilling market”.


Norway >>  8/12/2022 - Aker BP ASA, operator of production licence 941, has concluded the drilling of wildcat well 6507/3-15.

The well was drilled about 14 km nor...

Norway >>  8/9/2022 - The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in block 6507/8 in the Norwegian Sea.

Operator: E...


Guyana >>  8/5/2022 - The drilling of the Beebei-Potaro exploratory well, located in the Kanuku licence, off the coast of Guyana, has been finished, according to Tullow Oil...
Australia >>  8/4/2022 - - 21 stages were stimulated, which is the greatest number of stimulation stages in a single well in the Beetaloo to date
- Delivered 927m of st...


Romania >>  8/4/2022 - Serinus Energy plc ("Serinus") (SEN), is pleased to announce that the drilling of the Canar-1 exploration well in Romania commenced.

...

Norway >>  8/3/2022 - The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for well 6507/8-11 S in production licence PL 124.

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.