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KCA Deutag secures $513 million in land and offshore drilling contracts


09 Jan 2025

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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.

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 in 2025, 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.'

Original announcement link

Source: KCA Deutag





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