KCA Deutag Inks $60M Contract Extension in Angola

KCA Deutag, an international oil and gas services company, has secured a one-year contract extension for the provision of core drilling and maintenance services on two offshore platforms in Angola.

The $60 million deal will see KCA Deutag maintain its provision of crane operations, maintenance services, equipment management, and rental services for the Angolan client for an additional year.

The deal increases the firm’s operations on the Angolan assets to over 10 years.

Ole Maier, President Offshore for KCA Deutag, said the contract is a testament to the company’s commitment to providing exceptional services to maximize the development of Angola’s energy resources for a sustainable energy supply.

Maier stated that “the delivery of advanced drilling technologies and a highly skilled workforce has positioned us as a preferred partner for oil and gas exploration and production activities in Angola.”

The company has worked in Angola for over 18 years.

Source : ECP

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