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KCA Deutag is pleased to announce it has completed its financial restructuring to address its upcoming maturities and significantly delever its balance sheet.
Following the successful completion of KCA Deutag’s (‘KCA Deutag’ or the ‘Group’) financial
restructuring, the Group is pleased to announce the appointment of
new independent non-executive directors to its Board, effective 21 December.
Bentec, one of the world’s leading manufacturers of drilling rigs and oilfield equipment, has successfully constructed and delivered to its client INK-Service the first of a seven drilling rig multi-million euro contract.
Global drilling, engineering and technology provider, KCA Deutag (“KCAD”), has been awarded contracts worth more than $150m in Oman, from the country’s leading exploration and production companies.
Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded a contract amendment to manage procurement, maintenance and warehousing activities on behalf of BP Exploration (Caspian Sea) Limited (“BP”).
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