Petrobel keeps jackup in Egyptian waters

Offshore staff

MILAN, Italy – Saipem has signed an extension of its contract with Petrobel for the charter of the jackup Perro Negro 4 offshore Egypt.

This extends the rig’s stay in the sector for three years, starting from the current quarter.

Offshore India, Hindustan Oil Exploration Co. has chartered the company’s jackup Perro Negro 3 for a four-six month drilling program, starting in the second quarter.

Both rigs capable can operate in water depths of up to 350 ft (106 m).

Finally, Eni has extended the charter of Saipem’s semisubmersible rig Scarabeo 7 to drill in Indonesian waters. The contract, which had been for three years starting from 4Q 2011, now runs for a further 15 months until 1Q 2016.

This is a fifth generation semisubmersible rig, capable of operating in water depths of up to 1,500 m (4,921 ft) and drilling to depths of up to 8,500 m (27,887 ft).

3/28/2012

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