KCA Deutag lands $70m of North Sea drilling work
KCA Deutag has announced a suite of new contracts and extensions across the North Sea worth in excess of £55 million.
Saipem
Saipem wins deal to remove and scrap EnQuest’s Thistle A platform
Italian contracting giant Saipem has been picked to assist in the decommissioning of an aged North Sea installation.
Saipem wins FEED, EPCI work on Sakarya pipe
Saipem’s Castorone vessel will carry out the offshore operations, starting in the summer of 2024. The company previously worked on the first phase of the Sakarya field, which began producing in April.
‘Milestone’ for Saipem as first Dogger Bank installation campaign wraps up
Italian contractor Saipem (MIL: SPM) has completed its first installation campaign for the mammoth Dogger Bank offshore wind farm.
Saipem lands near £525 million in global contracts
Saipem has announced three new offshore contracts and two Front End Engineering Design (FEED) contracts with a total value of £524.9 million ($650m).
Saipem, CTCI complete Nong Fab terminal
PTT signed an agreement with Electricity Generating Authority of Thailand (EGAT) in February 2022 on the new LNG terminal.
Saipem contracts Deep Value Driller to Cote d’Ivoire
Saipem’s contract did not, though, cover reactivation costs for the rig. As a result, Deep Value Driller entered into a loan facility for $75 million, which will mature in three years.
Offshore work drives recovery for Saipem after tumultuous 2022
Saipem reported diminishing losses in its full-year results, after a year marred by lossmaking wind contracts and the departure of its CEO.
Saipem and Seaway 7 in offshore wind team-up
Contractors Saipem (MI: SPI) and Seaway 7 (OSLO: SEAW7) have announced a team-up on offshore wind projects.
Saipem to explore using biofuels to power vessels
Italian contractor Saipem (MIL: SPM) has struck a memorandum of understand with its compatriot Eni (NYSE: ENI) in a bid to decarbonise its fleet.
KCA Deutag completes Kuwait acquisition of Saipem fleet
KCA Deutag has secured the crucial Middle Eastern part of its acquisition of Saipem's onshore drilling rigs, with Romania, Kazakhstan and Latin America still to go.
EnQuest picks Saipem for Heather jacket removal
EnQuest (LON: ENQ) has hit a “significant milestone” in its campaign to decommission a decades old North Sea field.
Saipem secures North Sea work with Equinor
Offshore contractor Saipem (MI: SPM) has bagged a deal with Equinor (OSLO: EQNR) for work on a North Sea pipeline project.
Adnoc hands out early offshore Hail and Ghasha work
Adnoc has awarded a pre-construction award for offshore facilities on the Hail and Ghasha project to a group including National Petroleum Construction Co. (NPCC).
“Payment issues, delays and defective materials”: Harland & Wolff abandons NNG wind work
Harland & Wolff has terminated its contract with Saipem for the supply of four wind turbine jackets for a major Scottish offshore wind project, claiming cost escalation and delays have made the work “sub-economic.”
Saipem secures $1.2bn work offshore Egypt, Guyana
Saipem (SPM.MI) has been awarded new contracts totalling around $1.2bn for work on major projects off Guyana and Egypt.
Italian contractor Saipem settles deal for new drillship
Saipem (MI: SPM) has strengthened its offshore drilling fleet with the addition of a new vessel.
Saipem stacks up more drilling in West Africa, Middle East
Saipem has won three new drilling contracts in the Middle East, and two in West Africa, with a total value of $800 million.
Harland and Wolff secures cash injection to provide ‘enhanced financial headroom’
The owner of two Scottish fabrication yards has entered into a debt refinancing agreement as it seeks to grow the business.
Aker BP set to drill wildcat well in Norweigan North Sea
Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate (NPD) for a wildcat well in the North Sea.
KCA Deutag bulks up in Middle East with Saipem deal
KCA Deutag has completed the acquisition of Saipem’s onshore drilling business in Saudi Arabia, the United Arab Emirates and Africa.
Daewoo E&C wins quick fix contract for Kaduna plant
Daewoo E&C has signed up to work on a “quick fix project” at the Kaduna refinery, during a high-level Nigerian visit to South Korea.
Saipem wins largest ever offshore award in North Field
Saipem has won a $4.5 billion contract from Qatargas for two offshore gas compression complexes.
Saipem wins major Baleine contracts, targeting 2023 start
Eni and Petroci have awarded two contracts for work in Cote d’Ivoire to Saipem, worth around 1 billion euros ($956 million).
£100m deals for north-east firm KCA Deutag
Global energy services contractor KCA Deutag has announced contract extensions worth nearly £100 million for its land drilling business.