Helmerich & Payne completes acquisition of KCA Deutag to establish a global leader in onshore drilling
Acquiring Company
Helmerich & Payne
Acquired Company
KCA Deutag
Tulsa
AberdeenManufacturingEnergyOil And GasOil And GasDescription
Helmerich & Payne, Inc. (H&P) has announced the completion of its acquisition of KCA Deutag International Limited, marking a significant milestone. This acquisition creates an organization with an enhanced global footprint, exceptional service capability, and superior technology offering in the onshore drilling sector. H&P remains committed to delivering industry-leading drilling productivity and reliability, with a focus on near- and long-term growth and value creation.
Quick answer
Helmerich & Payne is acquiring KCA Deutag, announced January 16, 2025. Helmerich & Payne is based in Tulsa, Oklahoma, United States.
- How much did Helmerich & Payne pay for KCA Deutag?
- The deal value was not disclosed.
- What does Helmerich & Payne do?
- Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability.
- Where are Helmerich & Payne and KCA Deutag based?
- Helmerich & Payne is based in Tulsa, Oklahoma, United States. KCA Deutag is based in Aberdeen, Scotland, United Kingdom.
- Who are the decision-makers at Helmerich & Payne?
- Fundz holds 2 contacts at Helmerich & Payne. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired KCA Deutag?
KCA Deutag was acquired by Helmerich & Payne, based in Tulsa. The deal was reported on January 16, 2025. Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. Helmerich & Payne is publicly traded (HP) and operates in Manufacturing.
When did Helmerich & Payne acquire KCA Deutag?
Helmerich & Payne's acquisition of KCA Deutag was reported on January 16, 2025. Helmerich & Payne, Inc. (H&P) has announced the completion of its acquisition of KCA Deutag International Limited, marking a significant milestone. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does KCA Deutag do?
KCA Deutag International Limited is a diverse global drilling company with a significant presence in the Middle East, South America, Europe, and Africa. It is privately held, operating in Oil And Gas, and is based in Aberdeen.
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