Saipem wins $800m offshore deals in Middle East and Africa
In the Middle East, two contracts concern drilling units to be chartered by third parties, with a third relating to the extension of an existing contract.
In Africa, Saipem was awarded contracts for operations off Côte d'Ivoire, expected to start in the fourth quarter of 2022, and for an Eni-operated Angola offshore project slated to start next year.
Saipem has now agreed about €1.6bn of new contracts in offshore drilling since the start of this year, it said.
Last month, the company beat analyst expectations for third-quarter results and raised its 2022 guidance, with CEO Alessandro Puliti saying the group was ahead of schedule on delivery of business plan targets.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/Related
Italy's Eni to invest $26bn in North Africa over next four years, CEO says 23 hours Big benefits of investing in Africa's upstream sector 6 Nov 2024 South African appeal court suspends order halting Shell drilling 3 Jun 2024 Undeterred ExxonMobil pushes forward with Mozambique LNG project 3 May 2024 Italy joins race for African energy in new deal 30 Jan 2024 Shell joins international sell-off of Nigeria onshore oil and gas holdings 17 Jan 2024
