A newbuild ultra-deepwater drillship has been delivered to Italian oilfield services giant Saipem by South Korea's Samsung Heavy Industries.

Saipem said in a brief LinkedIn post that it has just celebrated the delivery of the drillship Santorini by signing the relevant certificates at Samsung's yard in Geoje, South Korea.

"Saipem wishes to congratulate its people on the commitment and the passion they once again demonstrated in completing her upgrades and start-up on schedule."

The rig will be taken on a bareboat charter by Saipem and put to work in the US Gulf of Mexico for Eni, starting in early 2022 and running until the third quarter of 2023, according to the drilling rig analyst Esgian Rig Services.

The 7th generation drillship was originally ordered by Ocean Rig, but it was cancelled in 2019 when Transocean acquired Ocean Rig.

Saipem then signed a bareboat charter for the drillship with Samsung. The contract also includes a purchase option, according to Esgian.

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