KCA Deutag is delighted to confirm that its Offshore business unit has been awarded an extension to its existing contract with CNOOC Petroleum Europe Limited for the Scott platform, which it operates in the UK North Sea.
The contract extension, which is for the provision of drilling operations and maintenance services, came into effect on 1 March 2019. It has an initial term of four years plus a two year extension option.
Rune Lorentzen, President of Offshore said, "The UK North Sea continues to be an important area of activity for us and we are committed to working with our partners to ensure that we make the most of the substantial reserves we still have in the UK basin.
"We have been the drilling contractor on the Scott platform since 1992 and are delighted with the commitment to retain us once again."
About KCA DEUTAG
KCA DEUTAG is one of the largest international drilling contractors. The company employs 8,000 staff in more than 22 countries and it had revenue in 2012 of US$1.7 billion.
KCA DEUTAG is currently the drilling operations contractor on 39 offshore platforms worldwide and owns and operates a fleet of mobile offshore drilling units consisting of 2 jack-ups and 3 self erecting tender barges. The company also owns and operates a fleet of more than 60 land drilling rigs.
About CNOOC Petroleum Europe Limited
CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, is the operator of License P2215, holding 50% interest. Total E&P UK North Sea Limited holds 25% interest and Euroil, a wholly owned subsidiary of Edison Esplorazione e Produzione SpA, holds 25% interest.