KCA Deutag plans restructure to wipe out more than £1billion of debt
KCA Deutag is working on a restructuring deal with creditors to wipe off more than £1billion of debt.
KCA Deutag
Fears for 200 jobs as KCA workers face redundancy
Around 200 oil workers are to be laid off – and staff are furious they are not being furloughed.
KCA Deutag says ability to operate ‘very complex’ amid price slump
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 to ‘change the oilfield services world’
Remote operations will “change the oilfield services (OFS) world” according to Chris Jones, vice president for OFS in Europe at Baker Hughes.
KCA Deutag lands multi-million pound deal at three UK North Sea platforms
KCA Deutag has won a multi-million pound deal for work on three offshore platforms in the UK North Sea.
KCA Deutag wins land drilling deals worth £355m
Drilling contractor KCA Deutag's (KCAD's) onshore division has won new contracts worth about £355 million in the Middle East, Africa and Europe.
Successful test aboard ‘Norwegian Cinderella’ holds promising future for automated offshore rigs
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.
Significant concerted action needed to address gender imbalance
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.
RGU spinout close to blowout-prevention technology trials after funding boost
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.
Buoyant results for KCA
Second quarter results from Aberdeen-based drilling giant KCA Deutag yesterday showed a big jump in both profits and revenue.
KCA Deutag wins contracts worth £135m in Russia
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.
KCA Deutag named among top 100 private companies in the UK
North and north-east businesses have ranked among the top 100 private companies in the UK.
KCA Deutag announces new chief executive
Aberdeen-headquartered oilfield services firm KCA Deutag has appointed a new chief executive as incumbent Norrie McKay prepares for retirement.
Oil industry stalwart joins Transition Extreme
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.
Earnings dip for KCA Deutag amid ‘very competitive’ markets
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Money men: What does it take to make the rich list?
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.
Cnooc extends North Sea platform deal with KCA Deutag
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
KCA Deutag joint venture wins £382.2m BP contract
Turan Drilling & Engineering, a joint venture from Aberdeen-based KCA Deutag, has won a £382.5million contract with BP.
Losses widen for KCA Deutag despite ‘robust’ North Sea work
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.
KCA Deutag clinches land drilling deals worth £41m
A north-east drilling and engineering company has continued its hot streak of contract wins for global onshore jobs.
Industry stalwart Pinto honoured at awards ceremony
An energy industry stalwart was recognised for his technical nous and role in inspiring young people to get into engineering careers at a glittering awards ceremony in Aberdeen last night.
KCA Deutag wins multi-million pound North Sea drilling contract with EnQuest
KCA Deutag (KCAD) has won a multi-million pound drilling contract for three EnQuest platforms in the UK North Sea.
KCA Deutag hails international contract wins worth £85m
Aberdeen-based KCA Deutag (KCAD) has announced a series of onshore contract wins worth £85.1million.
Units near completion at business park in Aberdeen
A total of 19 business units are nearing completion at Dandara’s City South office park in Aberdeen.
Further losses for KCA Deutag amid ‘slow recovery’
KCA Deutag posted another set of losses in for the nine months to the end of September amid a “slow recovery” and pricing levels being under pressure.