Saipem and Eni have signed contracts to drill offshore Cyprus, Crimea and Mozambique, utilising a Saipem’s drillship, the companies said on June 5. The total value of the contracts is $230mn.
Eni has awarded Saipem a contract for the drilling of two wells offshore Cyprus, scheduled for Q4 2017. Furthermore, the semi-submersible rig Scarabeo 9 will be utilised for the drilling of one well, plus an optional one, in the Black Sea, where Eni is to develop ultra-deep water areas near Crimea, together with Rosneft. The contract covers the expenses concerning important upgrades to the rig, which will allow it to pass through the Bosphorus.
Saipem will also participate in the development of the Coral field, off the coast of Mozambique, with drilling scheduled for mid-2019.