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KCA Deutag secures $460 mln of land drilling contracts in EMEA

Nov 19, 2019
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KCA Deutag, a drilling and engineering contractor, said its land drilling operation has won new contracts worth approximately $460 million in the Middle East, Africa and Europe. 

These include three year-contract extensions in Oman, starting in 2021 for five rigs operating one of the country’s main exploration and production companies.

Additionally, one of its rigs in Oman has secured a new two year contract with two one year extension options.

“We have also been successful in Iraq where two of our rigs have had their contracts extended by one year,” the company said.   

In Nigeria, the company won a one year contract for one rig with an option to extend by an additional year. It has additionally been awarded three contracts in Algeria for four rigs in total. The largest is a three year contract for two of these rigs, with a two year extension option.  The other two are for short drilling programmes.

In the Netherlands, one of KCA Deutag rigs has secured a new contract for a short drilling programme with a salt mining company.

As part of the contract and to meet the challenging drilling requirements, the rig is being upgraded with a new 750t Top Drive, supplied by Bentec, KCA Deutag’s manufacturer of drilling rigs and oilfield equipment.

Simon Drew, President of Land said: “These awards significantly increase KCA Deutag’s contract backlog and are a testament to the strength of our operational capability and reputation in the marketplace. It is also exciting to see the client response to our recently launched Well of Innovation Campaign, with a number of the new contracts now incorporating different +veDRILL™ technologies.  We believe this adds to our already strong offering around safe and effective operations, and is another reason we are seeing strong demand for our rigs in our core markets.”

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