Saipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026

Zacks09-17

Saipem S.p.A SAPMF, an Italian oilfield services firm, has prolonged its stay with the Norwegian energy firm, Aker BP. Aker BP has extended its contract with the semi-submersible rig, Scarabeo 8, ...

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Aker BP has extended its contract with the semi-submersible rig, Scarabeo 8, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/saipems-scarabeo-8-semi-submersible-123700496.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Saipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSaipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/saipems-scarabeo-8-semi-submersible-123700496.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Saipem S.p.A SAPMF, an Italian oilfield services firm, has prolonged its stay with the Norwegian energy firm, Aker BP. Aker BP has extended its contract with the semi-submersible rig, Scarabeo 8, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/saipems-scarabeo-8-semi-submersible-123700496.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAPMF","symbol_name":"Saipem S.p.A.","start_time":0,"source_url":"https://finance.yahoo.com/news/saipems-scarabeo-8-semi-submersible-123700496.html","article_id":"2468500323","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468500323","pubTimestamp":1726576620,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Saipem S.p.ASAPMF, an Italian oilfield services firm, has prolonged its stay with the Norwegian energy firm, Aker BP. Aker BP has extended its contract with the semi-submersible rig, Scarabeo 8, which is currently working in the Norwegian Continental Shelf. The contract extension will keep the rig in Norway till the end of 2026.Scarabeo 8 is a dual derrick semi-submersible rig that can operate both in deep water as well as in shallow water environments. The rig boasts a dynamic positioning system which is useful for deepwater drilling assignments. It also comes with a dedicated mooring system that enables the rig to operate in shallow waters. Saipem has highlighted that this rig adheres to the strictest regulatory standards.The Scarabeo 8 has previously worked in harsh offshore environments and has maintained a successful track in regions like the North Sea and the Barents Sea. The rig can accommodate 140 people and has a maximum drilling depth of 35,000 feet.VAALCO Energy is an indepe","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAPMF":"Saipem S.p.A.","SAPMY":"Saipem S.p.A.","BK4213":"石油与天然气的勘探与生产","PED":"Pedevco Corp.","EGY":"瓦可能源","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","BK4563":"昨日强势股","FTI":"德希尼布FMC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4179":"石油天然气设备与服务"},"translate_title":"Saipem的Scarabeo 8半潜式钻井平台将在挪威停留至2026年","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGY":1,"PED":1,"SAPMF":1,"FTI":0.9,"SAPMY":0.9},"content_text":"Saipem S.p.A SAPMF, an Italian oilfield services firm, has prolonged its stay with the Norwegian energy firm, Aker BP. Aker BP has extended its contract with the semi-submersible rig, Scarabeo 8, which is currently working in the Norwegian Continental Shelf. The contract extension will keep the rig in Norway till the end of 2026.\nSaipem inked a contract with Aker BP for the semi-submersible rig, Scarabeo 8, in March 2022 for a duration of three years. Scarabeo 8 began its contract in early 2023. The deal was valued at $325 million. Saipem mentioned that Scarabeo 8 is a sixth-generation semi-submersible drilling rig, designed to work in harsh offshore environments.\nFor the contract with Aker BP, Scarabeo 8 reached the Hassel prospect (7324/8-4 exploration well) in the Barents Sea about three months ago. The drilling assignment in the region includes two other prospects, namely Viasat (well 7324/6-3) and Ferdinand Nord (well 7324/6-2). The three wells are expected to be drilled toward the east of the Wisting field in the Barents Sea.\nScarabeo 8 is a dual derrick semi-submersible rig that can operate both in deep water as well as in shallow water environments. The rig boasts a dynamic positioning system which is useful for deepwater drilling assignments. It also comes with a dedicated mooring system that enables the rig to operate in shallow waters. Saipem has highlighted that this rig adheres to the strictest regulatory standards.\nThe Scarabeo 8 has previously worked in harsh offshore environments and has maintained a successful track in regions like the North Sea and the Barents Sea. The rig can accommodate 140 people and has a maximum drilling depth of 35,000 feet.\nSAPMF’s Zacks Rank and Key Picks\nCurrently, SAPMF carries a Zacks Rank #3 (Hold).\nSome better-ranked stocks in the energy sector are PEDEVCO Corp. PED, TechnipFMC FTI and VAALCO Energy EGY. PEDEVCO presently sports a Zacks Rank #1 (Strong Buy), while TechnipFMC and VAALCO Energy carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.\nPEDEVCO is engaged in the acquisition and development of energy assets in the United States and Pacific Rim countries. The company stands to benefit significantly from its holdings in the Permian Basin, one of the most prolific oil-producing regions in the United States, as well as in the D-J Basin in Colorado, which includes more than 150 high-quality drilling locations. Combined with bullish oil prices, this is expected to boost the company's production and overall profitability.\nTechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company’s total backlog witnessed a record high of $13.9 million in the second quarter of 2024, indicating a year-over-year increase of 4.51%. This growing backlog ensures strong revenue growth for FTI in the future.\nVAALCO Energy is an independent energy company involved in upstream business operations with a diversified presence in Africa and Canada. Having a large inventory of drilling locations in premium Canadian Acreage, the company’s production outlook seems bright.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nTechnipFMC plc (FTI) : Free Stock Analysis Report\nVaalco Energy Inc (EGY) : Free Stock Analysis Report\nPedevco Corp. (PED) : Free Stock Analysis Report\nSaipem (SAPMF) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.27.0","shortVersion":"4.27.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468500323"}