BAKU, Azerbaijan, October 28. Saipem has
secured two offshore drilling contracts worth a combined
approximately $121 million in Cyprus and Ghana, strengthening the
planned utilization of its drilling fleet in 2026 and 2027, the
company said in a statement on October 27.
The first contract was awarded by Eni Cyprus Limited and covers
offshore drilling operations within the exclusive economic zone
(EEZ) of the Republic of Cyprus. The work will be carried out using
Saipem's drillship Saipem 10000, with operations expected to begin
between November 2026 and January 2027.
The second contract, awarded by Eni Ghana Exploration &
Production Limited, covers offshore drilling activities in Ghana
using the semi-submersible drilling rig Scarabeo 9.
The contracts are expected to improve visibility on the
utilization of Saipem's offshore drilling fleet over the next two
years.
Saipem is an international engineering and construction company
operating in the energy and infrastructure sectors, both offshore
and onshore. Its business lines include Asset Based Services,
Drilling and Sonsub, Energy Carriers, Offshore Wind and Sustainable
Infrastructures.
The company operates in more than 50 countries and employs
approximately 30,000 people representing 125 nationalities. Its
assets include five fabrication yards, 17 owned offshore
construction vessels and seven drilling rigs, six of which are
owned.
Listed on the Milan Stock Exchange, Saipem says it is guided by
its purpose, “Engineering for a sustainable future”, and supports
clients in their transition towards net-zero emissions through
digital and environmentally sustainable solutions, technologies and
processes.
