Riyadh– Saipem has been awarded new contracts and the extension of pre-existing agreements in the onshore drilling sector in Saudi Arabia, Morocco, Bolivia and Argentina for a total value of $240 million. In the Middle East, a strategic area for the Company, Saipem boosts its presence with a further important three-year extension to activities relating to 6 medium-sized onshore drilling rigs already operating in Saudi Arabia. This is in addition to extensions of equal duration announced in September 2016 in relation to 10 rigs.
In Morocco, close on the heels of business already acquired in that country, Saipem sees the high quality of its services recognised with a four-month extension to the contract for the supply of onshore drilling and workover services using a medium-sized rig that will operate in the north of the country near the Algerian border. (9colonne)
