European Oil, Gas, and Renewable Energy Solutions >  News  

 Press Releases/Archive   |  Events Calendar 

..
> Homepage (News on Homepage)
> Upstream News
> Midstream News
> Downstream News
> Renewable Energy / Offshore Wind
> General Interest News 


 
.  

 


KCA Deutag Land Division wins multi-million dollar contract with Lukoil

June 8, 2014   + + +  The Land division of KCA Deutag, one of the world’s leading international drilling and engineering contractors has been awarded a contract worth more than $90m USD by Russia's second largest oil company, Lukoil for the supply of two arctic cluster slider rigs in the northern republic of Komi, Russia. The first rig deployed has been an existing rig from within KCA Deutag’s Russian operations and the second will be a new-build rig. The three year contract for KCA Deutag’s arctic drilling rigs T-505 and T-506 comes with two, one year options which could see the project continue into 2019.

This deal will see the creation of 40 new jobs within the Komi region, which will be filled by skilled local nationals and bring KCA Deutag’s Russian operation up to 1,240 staff.

The design and fabrication for the T-506 rig, an HR-5000 series rig, will be undertaken by Bentec, KCA Deutag's manufacturer of drilling rigs and equipment, at its Tyumen facility in Russia.

Andy Hendry, President of KCA Deutag’s Land division said: “From our entry into Russia in 2002 we have been extremely successful in building a business founded on the highest possible standards of safety and drilling efficiency. We are extremely pleased to partner with Lukoil in its drilling programs as we continue our growth aspirations.

“This contract is a real testament to our ongoing commitment to delivering safe and effective operations in Russia while expanding the fleet with delivery of another first class Bentec rig built specifically for the Russian environment.”

Norrie McKay, Chief Executive Officer of KCA Deutag said: “These contracts demonstrate the breadth of our capabilities, from innovation and technical expertise to our ability to operate across the globe in the most challenging environments.

“With a growing team, a strong market presence and a proven track record, we are well placed to capitalise on future opportunities that arise within the region.”

KCA Deutag has been carrying out land drilling operations for more than 125 years in several markets including Africa, Asia, the Caspian, Europe, the Middle East and Russia.

Source: KCA Deutag  - www.kcadeutag.com

 




 








 










 








 




 

 






Worldwide more than
90,000 paid subscriptions

Worldwide more than 48,000 subscriptions -
100% one-year direct request qualification


'What's New' in Upstream, Midstream and Downstream Products & Services. Circulation 37,000

 
PennWell
Petroleum Group:

Oil & Gas Journal
Oil & Gas Journal Russia
OGJ_eNewsletter
 
OGJ-Website-Statistics

Oil, Gas & Petrochem Equipment

Offshore Magazine
Offshore Russia
Offshore eNewsletter 
Offshore Website Statistics

Oil & Gas Financial Journal

+ + + 

 For more information, media kits or sample copies please contact
Andreas Sicking
+49 (0)2903-338570

wilhelms@pennwell.com www.sicking.de


Please send news releases to Wilhelm Sicking - sicking-media@email.de