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KCA Deutag secures $513 million in new drilling contracts and extensions across multiple regions

Jan 08, 2025•over 1 year ago

Contract Type

contract

AberdeenOil And Gas

Description

KCA Deutag has secured $513 million in new drilling contracts and extensions across the Middle East, Africa, Latin America, and the UK. These assignments are valued at $497 million, amounting to over 35 rig years of additional work. In addition, the company's offshore business has won $16 million in contract extensions in the UK.

Company Information

Company

KCA Deutag

Location

Aberdeen, Scotland, United Kingdom

About

KCA Deutag International Limited is a diverse global drilling company with a significant presence in the Middle East, South America, Europe, and Africa. The company operates land drilling and offshore management contract operations with major customers and a robust backlog. KCA Deutag's Kenera segment includes manufacturing and engineering businesses that serve the energy industry, offering substantial growth opportunities.

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