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Saipem Sells Drilling Onshore Ops to KCAD for $550 Million Plus 10% Stake in KCAD

(PLX AI) - Saipem signs agreement with KCA Deutag for sale of Drilling Onshore business.• Saipem total consideration $550 million in cash plus 10% equity stake in KCAD• Saipem operates its Drilling Onshore ....

Drilling Onshore , Middle East ,

Saipem to divest onshore drilling business for $550m to KCA Deutag

Saipem has agreed to sell its onshore drilling business to UK-based drilling company KCA Deutag (KCAD) for $550m. ....

Drilling Onshore , United Kingdom Based , Middle East ,

- Saipem signs agreement with KCA Deutag...

- Saipem signs agreement with KCA Deutag...
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