Global drilling and engineering contractor KCA Deutag announces that its Norwegian operation, KCA Deutag Drilling Norge AS, has been granted an extension to its current drilling contract on the Ringhorne platform by operator Point Resources AS.

The contract extension is for the provision of drilling operations and maintenance services on the Ringhorne platform operating in the Norwegian North Sea. It has an initial term of four years with the option to extend by two further periods of two years each.

Rune Lorentzen, President of Offshore commented: "KCA Deutag is delighted to have been awarded this contract extension. We have been the drilling contractor on the Ringhorne platform since it was first commissioned back in 2002, and we are pleased that the quality of our performance has once again been recognised."

With over 40 years of platform drilling experience, KCA Deutag is one of the world's largest platform services operators. The group is currently responsible for the management of drilling and maintenance operations on 32 platforms and two Gusto CJ70 Jack Ups. KCA Deutag has been operating in Norway since the 1970s and earlier this month announced that it had been awarded a new drilling contract on five of Statoil's platforms operating in the Oseberg and Kvitebjørn fields.

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.