Saipem wins US$160 million in drilling contracts

Saipem has been awarded new drilling contracts by unnamed clients offshore Romania and Abu Dhabi worth over US$160 million.

Under the Romanian contract, the company’s semi-submersible rig Scarabeo 9 (pictured) will drill a well in Romania’s Black Sea waters. Work is expected to commence in the fourth quarter of 2019.

Meanwhile, the newly awarded Abu Dhabi contract is in direct continuation of an existing contract for Saipem’s jack-up Perro Negro 8. The vessel will continue to work with the same client for an additional four years.

Baird Maritime

Baird Maritime is one of the world's premier maritime publishing houses with headquarters in Melbourne, Australia and a publishing subsidiary in Hong Kong. The group produces two monthly magazines, Ausmarine and Work Boat World and a number of annual publications all focusing on various aspects of the commercial, government and military marine industries. It also presents this maritime portal.