July 23 (SeeNews) - Italian oil and gas industry contractor Saipem said it has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over $160 million (142.6 million euro).
According to one contract, the company will drill a well in Romania’s Black Sea waters, expectedly in the fourth quarter of 2019, Saipem said in a press release on Monday.
Works will be executed by the semi-submersible rig Scarabeo 9, a drilling unit suitable for operations in the area because of its ability to lower its tower which enables crossing of the Bosphorus Strait.
A contract has also been awarded to Saipem for drilling works offshore Abu Dhabi, in the United Arab Emirates. The drilling activities will be carried out by the high spec jack up Perro Negro 8, in continuity with current operations. The contract will have a duration of 4 years.
Saipem is present in over 70 countries and has expertise in the management of complex projects in harsh environments, remote areas and deep water, in particular for the oil and gas industry.
($=0.891 euro)