KCA Deutag, a leading drilling, engineering and technology partner, has secured $513 million in new contracts and extensions for land and offshore drilling projects in the Middle East, Africa, Latin America and the UK.
In land drilling, across the Middle East, Africa and Latin America, the company has secured extensions in Saudi Arabia, Oman, Congo and Colombia as well as a new contract in Iraq, valued in total at $497 million which amounts to over 35 rig years of additional work.
With its offshore business, KCA Deutag secured $16 million in contract extensions in the UK where the company continues to be a trusted drilling partner to operators in the North Sea.
The company was also recently acquired by Helmerich & Payne – the industry’s most trusted partner in drilling productivity and reliability.
Simon Drew, president of land at KCA Deutag, remarked: “These awards and achievements reflect our commitment to outstanding performance and show the trust our customers have in our ability to deliver safe and incident free drilling operations.
“We are proud of and grateful to all our country teams. These recent contract wins and extensions highlight their dedication to excellence and the delivery of safe and effective operations.
“We look forward to joining H&P, combining the strengths of our people together with our geographical footprint, to create an organisation with an unrivalled global network, service capability and technology offering.”
KCA Deutag is a leading drilling, engineering and technology partner in current and future global energy markets, delivering innovative solutions to ensure a secure, affordable and sustainable energy future.
With over 135 years of experience, the company capitalises on its knowledge and expertise to develop and deliver safe quality services and products, and innovative technology that optimise performance and sustainability for our customers.
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