Global drilling, engineering and technology provider, KCA Deutag, has been awarded contracts worth almost $185m from leading exploration and production companies across key markets in the Middle East region.

Multiple rig extensions have been confirmed in Saudi Arabia, representing 13 years’ work across three rigs, and in Oman, one-year contract extensions have been awarded for two heavy 2000hp rigs.

Simon Drew, President of Land commented: “These awards are a sign of rising confidence in our core markets as we increase and sustain activity following the COVID-19 pandemic challenges and resulting reduction in oil demand. We have invested significantly in the Middle East and these contract extensions illustrate that our strong operational and technological performance is delivering value for our clients in the region.

The awards contribute towards building a strong and secure future for KCA Deutag in key core markets and stimulate further growth as we leverage our Group-wide experience and expertise to further develop our customer-centric, Well of Innovation technologies and continue to make our rigs more energy efficient.”

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.