Scarabeo 7 & Scarabeo 3 Awarded Drilling Contracts

Saipem has been awarded two new contracts for its Scarabeo 7 and Scarabeo 3 rigs. The combined value of the two contracts is approximately US $530 million.

Scarabeo 7 will be used by Eni off the coast of Indonesia for three years beginning in the first quarter of 2008. Scarabeo 7 is a fourth generation semisub capable of operating in water depths of up to 1,500 meters and drilling to depths of up to 8,500 meters.

Addax Petroleum will charter Saipem's semisub, Scarabeo 3, for use off the coast of Nigeria, for one year beginning in the second quarter of 2007. Scarabeo 3 is a second generation semisub capable of operating in water depths of up to 550 meters and drilling to depths of up to 8,000 meters.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours