Saipem and MDC sign MoU for offshore drilling in Egypt

Saipem and the Modern Drilling Company (MDC) have entered into a memorandum of understanding (MoU) to assess new collaboration opportunities in offshore drilling, beginning in the Egyptian market.

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Under the terms of the non-exclusive agreement, Saipem and MDC intend to identify and develop new business initiatives related to offshore drilling services.

This story was originally published by Offshore Technology. Read the full story at Offshore Technology →