Saipem has signed a two-year bareboat charter with Samsung Heavy Industries for the newbuild drillship Santorini.
(Courtesy Samsung Heavy Industries)
The deepwater drillship Santorini.
Offshore staff
SAN DONAO MILANESE, Italy – Saipem has signed a two-year bareboat charter with Samsung Heavy Industries for the newbuild drillship Samsung Santorini.
The vessel is due to be delivered in November. Under the contractual terms, Saipem also has the option to purchase the vessel, depending on market developments.
The Samsung Santorini is a seventh-generation drillship featuring two 7-cavities BOPs. It is designed to operate in water depths up to 12,000 ft (more than 3,500 m).
Marco Toninelli, COO Drilling Offshore at Saipem, described this as an innovative rental agreement.
“Santorini increases our production capacity and allows us to meet the demand for new contracts at a stage in which Saipem’s current offshore drilling fleet has almost full contractual coverage for the next few months.”
