Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

More Deals for Saipem

change text size

After announcing $800 million of pipeline work in Mexico and Australia Thursday, Friday saw oil sector services firm Saipem report $500 million of onshore drilling contracts.

The Italy-based company said it had been awarded the contracts for drilling work in Saudi Arabia, South American and Kazakhstan. The deals mean that 13 rigs will be used and three of these will be purpose built.

In Saudi Arabia, Saipem has signed contracts with Saudi Aramco for the charter of several rigs, including rigs already operational within the kingdom. The contracts are for three-year terms and will begin at different times during 2013.

In South America, the company has been awarded contracts for two rigs for periods of one and two years respectively, while it has won one contract in Kazakhstan for the charter of a further rig for a period of eight months. All these contracts will begin before the end of 2012.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Cuadrilla Consults Residents Ahead of ... (Apr 23)
 -  CNOOC Reports 1Q 2014 Net Production o... (Apr 23)
 -  BP Sells Interests in Four North Slope... (Apr 23)
 -  PetroChina Aims to Produce 92 Bcf of S... (Apr 22)
 -  Cosco's Subsidiaries Bag $100M Contrac... (Apr 22)
Most Popular Articles
From the Career Center
Jobs that may interest you
Offshore Rig Mover
Expertise: Rig Mover
Location: Houston, TX
 
Directional Driller
Expertise: Directional Driller
Location: TX
 
Hydraulic Field Technician
Expertise: Field Service Tech, Mechanic
Location: Houston , TX
 
search for more jobs