Saipem loses drillship deal to higher bidder

Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. It was reported on February 17 that Deep Value Driller had entered into an agreement … Continue reading Saipem loses drillship deal to higher bidder