More Deals for Saipem

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Rosneft Sells 15% Stake in Vankorneft ... (Sep 4)
 -  Gazprom, CNPC Sign MOU on Gas Supply P... (Sep 4)
 -  Pertamina's January-July 2015 Oil, Gas... (Sep 4)
 -  Statoil Hits Oil in Northern North Sea (Sep 4)
 -  Europa Oil & Gas: Wressle Discovery Co... (Sep 4)


Most Popular Articles

From the Career Center
Jobs that may interest you
Piping Designer - Autodesk - Plant 3D
Expertise: Drafting
Location: Greenville, 
 
Top Drive Technician
Expertise: Mechanical Technician|Rig Electrician|Rig Mechanic
Location: Williston, ND
 
Senior Drill Rig Operator
Expertise: Drilling Foreman|Gas Plant Operations|Rig Manager
Location: Farmington, NM
 
search for more jobs

Brent Crude Oil : $50.68/BBL 0.35%
Light Crude Oil : $46.75/BBL 1.08%
Natural Gas : $2.73/MMBtu 3.01%
Updated in last 24 hours