ADES Holding has signed a definitive agreement with Saipem to acquire five operational jackup rigs for a total consideration of USD 285 million, the companies announced on Wednesday.
Saipem SpA said Wednesday it had signed an agreement to sell a subsidiary in Saudi Arabia operating shallow-water drillers to ADES Holding Co for $285 million.
Italian offshore contractor Saipem and offshore contracting giant TechnipFMC have been awarded work on the greenlit Greater PAJ project offshore Angola by Azule Energy, Eni and BP’s joint venture.
Saipem has secured a contract for the Uthmaniyah Gas Compression Plant project in Saudi Arabia through its jointly controlled company SNSH, Saipem said on Wednesday.
Saipem has been awarded a new offshore services contract by ExxonMobil Guyana for the Longtail project offshore Guyana, Saipem announced on Tuesday.
Saipem has secured an early-phase subsea contract from ExxonMobil Guyana, advancing another major deepwater development in the prolific Stabroek Block.
Saudi Aramco has let two offshore contracts to Saipem under its existing long-term agreement.
Saipem has secured two Contract Release Purchase Orders (CPROs) worth around USD 400 million for offshore EPCI work under its long-term agreement with Saudi Aramco, Saipem announced on Wednesday. Under the first of the two contracts, CRPO 154, Saipem will deliver EPCI towards one water injection tie-in platform, two water injection wellheads and approximately 5 kilometres of […]
Saipem has been awarded two offshore contracts by Aramco worth a combined $400 million to support development work at the Safaniya field, one of the world’s largest offshore oil fields.
Saipem said it will not complete its planned acquisition of the Deep Value Driller drillship after the vessel’s owner decided to proceed with a sale to another buyer, and the company is now considering potential legal action to protect its interests.