Petroleum Africa
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Tuesday, November 14, 2017
KCA Deutag’sland drilling operation was awarded new contracts for five rigs with a combined contract value of $48 million, one of those contracts is out of Africa. The company’s operations in Algeria signed a new contract for use of its T-220 fast moving desert rig.
The contract is for two firm wells and two optional wells. The total campaign, including the optional wells will take a total of around one year. The client was not named.
The other awards were out of Pakistan, the Netherlands, and South Iraq.
Commenting on these contract awards, Simon Drew President of Land 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.”
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