Saipem signs multi-million Norway deal with Repsol

The Scarabeo 8 semi-submersible rig.
The Scarabeo 8 semi-submersible rig.

Italian oil and gas contractor Saipem has announced a multi-million deal with Repsol Norge.

The contract will see Saipem undertake the offshore drilling of a well at one of Repsol’s Norwegian assets.

The contract will begin in the third quarter of 2019.

Work will be carried out by the Scarabeo 8 drilling unit.

The deal with Repsol was announced alongside another deal in the Middle East, however the Milan-headquartered firm would not disclose the details of the deal.

Saipem claim both contracts total nearly £80 million.

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