Saipem Inks Contracts In Saudi Arabia

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(Saipem, 17.May.2021) — Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a duration of 4 years. The total of orders acquired by the Onshore Drilling division since the beginning of 2021 thus exceeds 250 million dollars.

With these acquisitions, Saipem consolidates its long-standing and solid relationships with some of its main customers.
These extensions of existing contracts are a positive sign of a gradual resumption of activities following the Covid-19 pandemic.

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