KCA Deutag has announced that its land drilling operation has been awarded new contracts for rigs with a combined value of $48 million.
In Europe the T-700 which recently completed two geothermal wells in the Netherlands has won a five month contract for an additional four wells with the same client. This is the group’s sixth contract in the European geothermal drilling market in recent years, and an area which offers substantial growth opportunities for the group as Europe seeks to increase its renewable energy generation.
Meanwhile, in the Middle East, the company was also recently awarded a one year contract for two rigs, the T-210 and T-601, to carry out land drilling operations in South Iraq. The T210 will move from Oman for this opportunity, bringing the total number of rigs in South Iraq up to three.
The majority of these rigs were manufactured by Bentec, KCA Deutag’s land rig and oilfield equipment manufacturer.