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Saipem awarded onshore contracts around the world

Mar 14, 2019
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Italy's Saipem has announced it has been awarded US$220 million worth of new onshore drilling contracts and extensions in various countries around the world.

The new contracts involve projects to be carried out in Bolivia and Saudi Arabia, while the extensions of contracts already underway concern Saudi Arabia, Peru, Morocco and Romania.

Francesco Racheli, chief operating officer of Onshore Drilling, said: "The awarding of these new contracts in South America and the Middle East rewards our efforts to optimise operations and confirms the strategy of the Onshore Drilling division to consolidate our presence in important geographical areas such as the Middle East and South America and expand our client base."