Engineering firm KCA Deutag has been awarded new contracts for five land drilling rigs with a combined contract value of $48 million.
The first of those rigs, the T-72 has been awarded a nine month contract in Pakistan for one well, with an additional one well extension option.
In Europe the T-700 which recently completed two geothermal wells in the Netherlands has also won a five month contract for an additional four wells with the same client.
This is the group’s sixth contract in the European geothermal drilling market in recent years.
KCA’s operation in Algeria also signed a new contract for a T-220 ‘fast-moving’ desert rig with a client who plans to drill two wells, with the option for two further wells.
The total campaign, including the optional wells, will take a total of around one year.
In the Middle East, KCA was also recently awarded a one year contract for two rigs, the T-210 and T-601, to carry out land drilling operations in South Iraq.
The T210 will move from Oman for this opportunity, bringing the total number of rigs in South Iraq up to three.
Simon Drew, president of KCA’s ‘land’ division, 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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