Aker BP extends Scarabeo 8 contract with Saipem to 2028

Summary

Aker BP has extended the contract for the Scarabeo 8 drilling unit with Saipem for an additional year, now set to run through 2028. The extension is valued at $157 million and is pending approval by Aker BP’s Board of Directors in January 2026.

Recent Coverage

• Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028

  Oilfield Technology • Dec 19

• Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028

  Oilfield Technology • Dec 19