Deutag Background

KCA DEUTAG is an oil/gas company with a headquarters in Aberdeen, UK. It is a subsidiary of Abbot which was itself acquired by USA company 1st Reserve in 3/08 in [1] a deal valued at £906 million.[2]

The company has offices globally and currently has operations in over 20 countries with over 8000 employees.

In March 2008, Holger Temmen became CEO of Abbot Group[3] while Neil Stevenson was appointed Dir. of Bizdev and Commerce of KCA DEUTAG in June 2008.[4] 3/08 also saw the Director of Technical Services named as IADC - International Association of Drilling Contractors - Contractor of the Year.[5]

KCA DEUTAG has seen continued growth. In 05/08 they reported they won US$100 m of drilling contracts in Europe.[6]

Operations

Whilst its headquarters are in Aberdeen, KCA DEUTAG has an office in Bad Bentheim, Germany and offices in Russia, the Middle East, the Caspian region & Norway.[7] It has 61 land rigs and 39 offshore platforms[8] with an established history across its operations:

Europe 100 years

Libya 50 years

Oman 40 years

Nigeria 15 years [9]

KCA Drilling and Deutag AG merged in 2001.[10]

KCA DEUTAG has its own facilities and engineering services group, RDShttp://rdsportal.rdsoil.com/frame/rdswebsite.htm, which has 500 employees & 30 years experience in the industry.[7] RDS has impressed with continued global growth. In 06/08 it won two contacts in Southeast Asia worth an estimated US$4 million[11] RDS announced in 05/08 that it would be opening an office in Stockton-on-Tees as it continues to expand[12] RDS won a drilling facilities design contract for BP's Clair Ridge in 2009.[13]

In 2007, they noted 10 years in Azerbaijan.[14] 2007 saw KCA Deutag recognized as “Shell International Exploration & Production's Top HSE Performing Drilling Contractor of the Year 2007”.[15] Abbot Group reported in excess of $500,000 in donations and sponsorship during 2008.[16]

On 1 April 2009 the company lost ten employees aboard the April 2009...