Yantai CIMC Raffles and Saipem have reached a new 
agreement to allow the rig’s early delivery, sources said.

They explained that Yantai CIMC Raffles had proposed to 
deliver the Scarabeo 9 drilling unit by March next year but Saipem felt moving it to Keppel Fels in Singapore would provide greater schedule certainty.

The Chinese yard plans to wrap up five other semi-submersible rigs, including three newbuilds for China Oilfield Services Ltd and two others for Brazil’s drilling outfit Schahin, sources said.

The