Multiple rig extensions have been confirmed in Saudi Arabia, representing 13 years’ work across three rigs, and in Oman, 1-year contract extensions have been awarded for two heavy 2000 hp 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.”
Read the latest issue of Oilfield Technology in full for free: Issue 3 2021
Oilfield Technology’s third issue of 2021 starts with a report from Wood Mackenzie focusing on the upstream industry’s fortunes in Asia-Pacific. The rest of the issue is dedicated to features covering offshore engineering, coiled tubing, frac technology, completion technologies, water management, well placement and much more.
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Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/08112021/kca-deutag-secures-land-drilling-contract-extensions-in-middle-east/