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.

About Saipem

Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to consulting and engineering services in the project definition phase). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.