KCA Deutag ‘expected to remain’ in Aberdeenshire after H&P buyout
Analysts welcome positives of the US buyout of the UK-based drill rig firm which brings a beneficial market share in the Middle East.
KCA Deutag
Aberdeen’s KCA Deutag acquired by US firm in $2bn deal
Aberdeen-headquartered drilling services KCA Deutag is set to be acquired by American competitor Helmerich & Payne (H&P) in a deal worth nearly $2 billion.
Equinor extends drilling contracts, maintaining 2,000 jobs
Norwegian oil giant Equinor has extended drilling contracts with three firms, including Aberdeen’s KCA Deutag, in a move it claims will maintain 2,000 jobs.
KCA Deutag wins rig electrification work with Equinor
KCA Deutag has been awarded a contract to carry out a major project to electrify Equinor’s (OSE:EQNR) Askepott jack-up rig in Norway.
KCA Deutag unit extends BP work in Azerbaijan
Turan general director Ed Wheler said winning the extension was a “testament to our dedication to delivering customer centric solutions”.
KCA Deutag wins $60mn Exxon extension in Angola
"We look forward to continuing a successful partnership with our customer as we work together to safeguard a sustainable energy supply,” Maier said.
Exxon, KCA Deutag accident had “potential for fatality”
There were a number of near misses on Hebron in 2021. Incidents included injuries on the facility and a support vessel.
KCA Deutag lands $70m of North Sea drilling work
KCA Deutag has announced a suite of new contracts and extensions across the North Sea worth in excess of £55 million.
KCA Deutag completes Kuwait acquisition of Saipem fleet
KCA Deutag has secured the crucial Middle Eastern part of its acquisition of Saipem's onshore drilling rigs, with Romania, Kazakhstan and Latin America still to go.
KCA Deutag tots up contract wins, Omani electrification
KCA Deutag President Land Simon Drew said the contract extensions are “a key part of our strategy to grow our business in key markets such as the Middle East”.
KCA Deutag bulks up in Middle East with Saipem deal
KCA Deutag has completed the acquisition of Saipem’s onshore drilling business in Saudi Arabia, the United Arab Emirates and Africa.
£100m deals for north-east firm KCA Deutag
Global energy services contractor KCA Deutag has announced contract extensions worth nearly £100 million for its land drilling business.
KCA Deutag unit to build hydrogen tech under new CPH2 licensing deal
Hydrogen technology firm CPH2 has signed a licensing agreement with a division of KCA Deutag, enabling the engineering group to build and sell electrolysers across Europe and the Middle East.
Neptune Energy spuds next Adorf gas well in Germany
Neptune Energy has confirmed drilling has begun at the Adorf Z17 gas appraisal well in Georgsdorf, north western Germany.
KCA Deutag to buy Saipem Onshore Drilling in ‘milestone’ $550m deal
Aberdeen-headquartered KCA Deutag has announced a $550m deal to acquire the onshore drilling business of Italian contractor Saipem.
KCA Deutag filings chart impact of ‘sophisticated’ ransomware attack
Drilling contractor KCA Deutag has disclosed the impact of a “sophisticated attempted ransomware attack” on the company last year.
Neptune Energy cuts emissions at Adorf with contract award to KCA Deutag
Neptune Energy has awarded a contract to drill the Z17 well in the Adorf carboniferous gas field, north-west Germany, to KCA Deutag.
KCA Deutag sells Nigerian rigs to local player
KCA Deutag has completed the sale of five drilling rigs in Nigeria for $18 million.
KCA Deutag suspends new investments in Russia
Aberdeen-headquartered drilling contractor KCA Deutag has suspended new investments in Russia, as oilfield services firms join energy majors in reducing exposure to the Russian market following the invasion of Ukraine.
Oil services firms under pressure as Scot Gov says to ‘sever links’ with Russia
Oil and gas services firms are under increasing pressure to cut links with Russia, in a bid to ratchet up economic pressure in the wake of Russia’s invasion of Ukraine.
Equinor extends drilling contracts with Archer, KCA Deutag and Odfjell Drilling
Equinor (OSLO: EQNR) is exercising options worth £663 million to extend drilling contracts with Archer, KCA Deutag and Odfjell Drilling.
KCA Deutag secures nearly 200 jobs with $550 million Oman contract
Aberdeen-headquartered KCA Deutag has landed a contract worth $550 million (£408m) in Oman, securing nearly 200 jobs.
Clean Power Hydrogen shares plans to float on London Stock Exchange
UK-based firm Clean Power Hydrogen (CPH2) has announced its intention to float on the London Stock Market.
KCA Deutag bags Middle East drilling contracts worth £137m
KCA Deutag has bagged land drilling contracts worth about £137 million in the Middle East.
Heartbreak and Covid spurred retired oil worker onto business success
Global and personal events of the past 18 months lie behind a new career and now commercial success for retired oil and gas worker Scott Macpherson.