View Full Version : KCA Deutag Wins New Iraq Drilling Contracts

Investors Iraq News
11-15-2017, 05:54 AM
By John Lee.
UK-based drilling and engineering contractor KCA Deutag has announced that it has been awarded a one year contract for two rigs to carry out land drilling operations in Southern Iraq.
Its T-210 rig (pictured) will move from Oman to work along with the T-601, bringing the company’s total number of rigs in Southern Iraq up to three.
This new contract, along with deals for another three rigs in other territories, have a combined contract value of $48 million.
Commenting on these awards, Simon Drew President of Land 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.”
(Source: KCA Deutag)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2017/11/15/kca-deutag-wins-new-iraq-drilling-contracts/)

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