Eni SpA has let a 2-year contract extension to Saipem for use of the Santorini drillship. The contract extension will give continuity to the ongoing activity and will come into force in August.
The vessel is currently in operation in the US Gulf of Mexico under a contract originally set to expire in this year’s third quarter.
Santorini is a seventh-generation drillship acquired by Saipem in December 2022, capable of performing drilling activities at depths up to 12,000 ft.
The service provider puts the value of the contract at $280 million dollars.