Headline

Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES

Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enabl…

Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES Read More »