Italian energy services contractor Saipem has been awarded an extension for one of its rigs by oil and gas operator Aker BP.
Aker BP gave an extension to the Scarabeo 8 semisub which is currently under contract with the company until the end of 2025.
Initially, the rig won a three-year, $325m deal with Aker BP for work offshore Norway back in March 2022, the contract also includes the option of two one-year extensions.
Work under the contract started in early 2023, upon the termination of the works in which the 2012-built semisub was engaged at the time.
Saipem said via social media channels that the Scarabeo 8 will stay with the Norwegian company until the end of 2026, meaning that one of the two options was exercised.