KCA Deutag's Kenera business unit will deliver the drilling contract announced by Neptune Energy.

Following successful drilling of the Adorf Z15 and Adorf Z16 wells, Neptune Energy has awarded KCA Deutag the contract to drill the new Z17 well in the Adorf natural gas field in north-west Germany.

Our rig will be powered by electrical motors instead of diesel-driven generators, which will remove an estimated 1,000 tonnes of CO2 emissions from the drilling operation. Work is expected to begin this summer and we look forward to continuing our successful partnership with Neptune Energy.

Ron Klunder, KCA Deutag Country Manager for Germany, said: "The award of this contract further strengthens our long-term relationship with Neptune Energy and allows us, through Kenera, our new business unit, to utilise technology to cut emissions and assist Neptune in meeting their carbon reduction goals."

About KCA Deutag

With over 130 years of experience, KCA Deutag is a leading drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance.
We operate approximately 110 drilling rigs in 20 countries, either directly or through our affiliates, employing people in Africa, Europe, the Middle East, the Caspian Sea and Canada.

KCA Deutag consists of our business units: Land, Offshore and Kenera. Land and Offshore are our operational divisions delivering safe, effective, trouble-free operations across 20 countries. Kenera brings together our design and engineering specialists RDS and land rig and oilfield manufacturer Bentec under one business unit. Kenera was established to expand our offering in both hydrocarbons and energy transition markets, with three dedicated segments covering innovative services, technology and engineering, and manufacturing.

About Neptune Energy Group

Neptune Energy is an independent global E&P company with operations across Europe, North Africa and Asia Pacific. The business had production of 130,000 net barrels of oil equivalent per day in 2021 and 2P reserves at 31st December 2021 of 604 million barrels of oil equivalent. Neptune aims to store more carbon than is emitted from its operations and the use of its sold products by 2030.
The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.