Kca deutag drilling rig

KCA Deutag won a multimillion Euro contract from NAM, a joint venture of Shell and ExxonMobil, for the provision of KCA Deutag's Bentec-built T-700 heavy land drilling rig. . KCA Deutag International Ltd. is an international and services company with headquarters in , United Kingdom. It has approximately 9,000 employees and operates in more than 20 countries worldwide. . The company has seen continued growth, securing major contracts around the world, including multimillion-dollar contracts in Libya and a multimillion Euro contract in France . In 2019, Joseph Elkhoury became CEO of KCA Deutag whilst Neil Gilchrist was appointed as Chief Financial Officer of KCA Deutag in. . KCA Deutag is the merger of KCA Drilling and Deutag AG in 2001. The company has regional offices in Germany, Russia, the Middle East, the Caspian region, North and West Africa,. . In March 2022, the company announced the suspension of all new investments in Russia and initiated a review of its Russian business operations. By May 2022, KCA Deutag had ceased. . In 2010 KCA Deutag secured a number of key contracts:KCA Deutag awarded significant North Sea contract for CNR KCA Deutag awarded contract extension by Statoil KCA Deutag awarded several significant drilling contracts in Libya. [pdf]

Part time offshore rig driller contract only

Earn up to $50K-$65K+ a year starting out-and only work half the year. Meals, housing, and laundry? Covered. Gyms, lounges, internet? All included on the more modern rigs. You don't need a degree. You don't need union backing. You need a TWIC card, a tough mindset, and the right game plan. [pdf]

Alwilco drilling rig contract status

Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023. Awilco Drilling in 2018 ordered a harsh environment semi-submersible drilling rig from Keppel FELS. [pdf]

FAQS about Alwilco drilling rig contract status

What happened between seatrium New Energy Limited and Awilco Rig 2?

Subsequently, an arbitration award was received in November 2023 for another arbitration between Seatrium New Energy Limited and Awilco Rig 2 Pte. Ltd. (“AR2”), a sister company of AR1, in respect of the contract executed in March 2019 for the construction of a repeat midwater semisubmersible drilling rig, B382.

When did Keppel FELS vs Awilco arbitrate?

In April 2023, the Court of Arbitration ruled in favor of Keppel FELS in the Nordic Spring arbitration on the basis of relevant evidence submitted by Keppel FELS and Awilco’s subsidiary Awilco Rig 1 (AR1), while in November the Court of Arbitration ruled in favor of Awilco’s subsidiary Awilco Rig 2 (AR2) in the Nordic Winter arbitration.

Does Awilco have a financial impact on seatrium new energy?

The US$57 million settlement will flow directly from Rigco to AR2. Hence, there is no financial impact nor working capital exposure to Seatrium New Energy or the Group. Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs.

What happened to Awilco & seatrium?

Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs. In contrast, Seatrium has already bagged a number of offshore contracts for floating production, storage and offloading (FPSO) units, semi-submersible FPUs, and a number of repair and conversion agreements.