KCA Deutag awarded platform drilling contracts in Russia, UK and Norway
The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.
The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.
The transaction follows Repsol's sale of producing assets in Russia, the cessation of oil production activities in Spain and the exit from exploratory activity in other countries.