Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
KCA Deutag has completed the financial restructuring which results in the Scottish oil and gas drilling giant changing hands.
Scottish oil and gas drilling giant KCA Deutag is changing hands as part of a financial restructuring to slash debt.
Aberdeen-headquartered KCA Deutag has announced the award of contract extensions worth more than $150m (£115million) in Oman.
KCA Deutag is working on a restructuring deal with creditors to wipe off more than £1billion of debt.
Around 200 oil workers are to be laid off – and staff are furious they are not being furloughed.
Drilling contractor KCA Deutag said its ability to operate had become “very complex” due to the recent crude price slump and Covid-19 outbreak.
Remote operations will “change the oilfield services (OFS) world” according to Chris Jones, vice president for OFS in Europe at Baker Hughes.
KCA Deutag has won a multi-million pound deal for work on three offshore platforms in the UK North Sea.
Drilling contractor KCA Deutag's (KCAD's) onshore division has won new contracts worth about £355 million in the Middle East, Africa and Europe.
A successful test in the North Sea aboard a drilling platform named after a fairy tale princess promises to reduce the number of people needed on offshore rigs and shift those jobs to control centers onshore.
The energy sector gender pay gap (GPG) remained relatively high last year thanks in part to the traditionally male-dominated oil and gas sector – but the changing nature of employment could offer the chance to change that.
A fledgling oilfield equipment company has secured funding to help it develop blowout prevention technology which could save operators millions of pounds per well -- and prevent loss of life.
Second quarter results from Aberdeen-based drilling giant KCA Deutag yesterday showed a big jump in both profits and revenue.
Oil and gas industry contractor KCA Deutag (KCAD) has clinched a trio of new contracts worth about £135 million for land drilling work in Russia.
North and north-east businesses have ranked among the top 100 private companies in the UK.
Aberdeen-headquartered oilfield services firm KCA Deutag has appointed a new chief executive as incumbent Norrie McKay prepares for retirement.
Transition Extreme in Aberdeen said yesterday it was Louise Andrew’s “commitment to sport for change” that made her the standout candidate for the role of chairperson.
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Think of an entrepreneur and it is likely a squillionaire comes to mind. The most recent Rich List highlights a number of those who have made their fortunes as entrepreneurs in the north of Scotland.
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
Turan Drilling & Engineering, a joint venture from Aberdeen-based KCA Deutag, has won a £382.5million contract with BP.
Aberdeen-based KCA Deutag saw its losses widen by 68% in its full year accounts yesterday, despite a “robust” performance from its North Sea business.
A north-east drilling and engineering company has continued its hot streak of contract wins for global onshore jobs.