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.
In a statement sent to Rigzone on Monday, Saipem announced that it has been awarded an additional offshore contract in Saudi Arabia under its existing long-term agreement with Aramco.
Saipem has reached an agreement on the main terms to acquire the seventh-generation drillship Deep Value Driller for $272.5 million, a move aimed at strengthening the company’s offshore drilling fleet.
Saipem SpA has reported EUR 221 million ($256.45 million) in net income and adjusted net income for the first three quarters, up 7.3 percent from the same nine-month period last year.
A second ultra-deepwater drillship, the Deep Value Driller, having completed its operations in Ghana for Eni Ghana Exploration & Production, will take on work in Indonesia under a new project for Eni Ganal Deepwater. The vessel is being managed by Saipem under a bareboat charter with a purchase option.
A consortium between the State Oil Company of the Azerbaijan Republic (SOCAR) and Saipem SpA has won contracts for a $2.9-billion compression project in the BP PLC-operated Shah Deniz field on Azerbaijan’s side of the Caspian Sea, BP and Saipem said. The compression project will access low-pressure gas and enable the production of an additional […]
The Italian government has decided to approve the merger plan, on the condition that Saipem, in which the state holds nearly 13%, gives priority to Italy’s energy infrastructure and keeps all activities considered strategic in Italy, MF reported today, citing a government decision from last week.
The Sakarya gasfield is located 170 kilometres off the coast of Filyos, Zonguldak, and the latest phase includes a floating production unit fed by 27 wells across the Sakarya and Amasra fields, connected to the onshore terminal via a new trunkline.
The FPU will be deployed northwest of the Djeno Terminal, offshore the Republic of Congo, at a depth of approximately 35 metres.