KCA Deutag, an international drilling and engineering contractor, has been awarded new contracts for five rigs in different parts of the world, all with a combined contract value of US$48mn
In Pakistan, the company needs to provide the T-72rig for one firm well, with an additional one well extension option.
In Europe, the T-700, which recently completed two geothermal wells in the Netherlands, has also won a five month contract for an additional four wells with the same client.
This is the company’s sixth contract in the European geothermal drilling market in recent years, said the company.
The company also signed a new contract for T-220 fast moving desert rig with a client drilling two firm wells and two optional wells in Algeria. The total campaign, including the optional wells, is expected to take a total time of around one year.
In the Middle East, KCA Deutag was recently awarded a one-year contract for two rigs, the T-210 and T-601, to carry out land drilling operations in South Iraq. The T210 will move from Oman for this opportunity, bringing the total number of rigs in South Iraq up to three.
According to KCA Deutag, the majority of these rigs were manufactured by Bentec, KCA Deutag’s land rig and oilfield equipment manufacturer. Bentec manufactures a range of rigs that aim to deliver high performance drilling and fast rig moves in all climates and geographies.
Commenting on these contract awards, Simon Drew, president of land in KCA, said, “These contract wins, which come in a tough environment in the wider oil industry, are very important to the land business unit and KCA Deutag as a whole. They have been won against intense competition and I would congratulate all our staff on delivering these contract successes.”
“We look forward to delivering value to our clients through exceptional well construction performance,” Drew further added.
