Neptune Energy spuds next Adorf gas well in Germany
Neptune Energy has confirmed drilling has begun at the Adorf Z17 gas appraisal well in Georgsdorf, north western Germany.
KCA Deutag
KCA Deutag to buy Saipem Onshore Drilling in ‘milestone’ $550m deal
Aberdeen-headquartered KCA Deutag has announced a $550m deal to acquire the onshore drilling business of Italian contractor Saipem.
KCA Deutag filings chart impact of ‘sophisticated’ ransomware attack
Drilling contractor KCA Deutag has disclosed the impact of a “sophisticated attempted ransomware attack” on the company last year.
Neptune Energy cuts emissions at Adorf with contract award to KCA Deutag
Neptune Energy has awarded a contract to drill the Z17 well in the Adorf carboniferous gas field, north-west Germany, to KCA Deutag.
KCA Deutag sells Nigerian rigs to local player
KCA Deutag has completed the sale of five drilling rigs in Nigeria for $18 million.
KCA Deutag suspends new investments in Russia
Aberdeen-headquartered drilling contractor KCA Deutag has suspended new investments in Russia, as oilfield services firms join energy majors in reducing exposure to the Russian market following the invasion of Ukraine.
Oil services firms under pressure as Scot Gov says to ‘sever links’ with Russia
Oil and gas services firms are under increasing pressure to cut links with Russia, in a bid to ratchet up economic pressure in the wake of Russia’s invasion of Ukraine.
Equinor extends drilling contracts with Archer, KCA Deutag and Odfjell Drilling
Equinor (OSLO: EQNR) is exercising options worth £663 million to extend drilling contracts with Archer, KCA Deutag and Odfjell Drilling.
KCA Deutag secures nearly 200 jobs with $550 million Oman contract
Aberdeen-headquartered KCA Deutag has landed a contract worth $550 million (£408m) in Oman, securing nearly 200 jobs.
Clean Power Hydrogen shares plans to float on London Stock Exchange
UK-based firm Clean Power Hydrogen (CPH2) has announced its intention to float on the London Stock Market.
KCA Deutag bags Middle East drilling contracts worth £137m
KCA Deutag has bagged land drilling contracts worth about £137 million in the Middle East.
Heartbreak and Covid spurred retired oil worker onto business success
Global and personal events of the past 18 months lie behind a new career and now commercial success for retired oil and gas worker Scott Macpherson.
KCA Deutag lands contracts worth $550m in UK, Russia and Norway
KCA Deutag has hailed a series of contract awards worth around $550million (£388m) across the UK, Russia and Norway.
Blaze that led to death of former Aberdeen oil worker under control after three months
A fire in Africa that led to the death of a former Aberdeen oil and gas worker has finally been brought under control, more than three months after the gas well explosion that caused it.
KCA Deutag facing better future after ‘battening down the hatches’
KCA Deutag is facing better prospects after slashing its debt and “battening down the hatches” in during a tumultuous 2020, the Aberdeen-based oil and gas drilling giant’s chief finance officer said yesterday.
KCA Deutag celebrating contracts worth £80m
Scottish oil and gas drilling firm KCA Deutag has secured contracts worth around £80 million in Pakistan, Russia, Kurdistan, Europe and Germany.
Oilfield service firms at ‘strategic crossroads’ as energy transition accelerates, PwC says
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
Former Aberdeen oil worker dies from injuries sustained in African gas well explosion
Correction appended:
KCA Deutag wraps up financial restructuring leading to change of ownership
KCA Deutag has completed the financial restructuring which results in the Scottish oil and gas drilling giant changing hands.
KCA Deutag changing hands in financial restructuring to slash debt
Scottish oil and gas drilling giant KCA Deutag is changing hands as part of a financial restructuring to slash debt.
KCA Deutag wins £115million contract extensions in Oman
Aberdeen-headquartered KCA Deutag has announced the award of contract extensions worth more than $150m (£115million) in Oman.
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.
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.