(MENAFN - Trend News Agency) Baku, Azerbaijan, July 22
By Leman Zeynalova – Trend:
Italy's Saipem company has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over $160 million, Trendreports citing the company.
According to one contract, the company will drill a well in Romania's Black Sea waters, expectedly in the fourth quarter of 2019. Works will be executed by the semi-submersible rig Scarabeo 9, a drilling unit suitable for operations in the area, thanks to its ability to lower its tower which enables crossing of the Bosphorus Strait.
In addition, a contract has been awarded for drilling works offshore Abu Dhabi in the United Arab Emirates. The drilling activities will be carried out by the high spec jack up Perro Negro 8, in continuity with current operations. The contract will have a duration of 4 years.
Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is 'One-Company' organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying its customers' requirements. Listed on the Milan Stock Exchange, it is present in over 70 countries worldwide and has 32,000 employees of 120 different nationalities.
Follow the author on Twitter:@Lyaman_Zeyn
Follow Trend on Telegram. Only most interesting and important news