MILAN- Italian oil services group Saipem said on Monday it won a new contract in Colombia and was awarded the extension of two contracts in Saudi Arabia for onshore drilling activities.

The new agreement in Colombia is for four years and those in Saudi Arabia are for five and ten years, the company added in a statement.

"The extension of existing contracts are a positive sign of a gradual resumption of activities following the Covid-19 pandemic," Saipem said.

(Reporting by Cristina Carlevaro editing by Giulia Segreti) ((cristina.carlevaro@thomsonreuters.com; +39 06 80307729;))