KD

Kca Deutag

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Company Research Report: KCA Deutag



Company Overview



Name


KCA Deutag

Mission of the Company


Delivering innovative solutions to ensure a secure, affordable, and sustainable energy future.

Founding Information


  • Founded: No information is available

  • Founder(s): No information is available


Key People


  • Chief Executive Officer: Joseph Elkhoury

  • Chief Financial Officer: Neil Gilchrist

  • General Counsel: Alaina Ramsay

  • President: Simon Drew

  • President: Ole Maier

  • Interim Head of Human Resources and Projects: Jay Porter

  • Senior Vice President (Kenera): Rebecca Clarke

  • Vice President (Kenera Services): Omar Moussa

  • Group Head of HSSE, Operational Integrity & Quality: Andy King

  • Board of Directors:

  • Non-Executive Chairman: Thomas (Tom) Ehret

  • Non-Executive Director: Peter Thomas

  • Non-Executive Director: Marwan Moufarrej

  • Non-Executive Director: Salah Abdel Hadi Al-Qahtani

  • Saipem Appointed Director: Marco Toninelli


Headquarters


Bankhead Drive, City South Office Park, Portlethen, Aberdeenshire, AB12 4XX

Number of Employees


11,000

Revenue


No information is available

Known For


  • Leading drilling, engineering and technology partner in current and future energy markets.

  • Expertise in both onshore and offshore drilling.

  • Development of technologies that support the global energy transition.


Products



Product Categories



Offshore Drilling


  • Description: Safe and efficient drilling operations with over 40 years of platform drilling experience.

  • Key Features: Managed operations and maintenance, Plug and Abandonment (P&A), equipment reliability and innovative technology integration.


Land Drilling


  • Description: Safe and efficient land drilling operations with more than 135 years' experience.

  • Key Features: Fleet of 138 rigs with latest technology upgrades, performance optimisation products, equipment rentals.


Managed Pressure Drilling (MPD)


  • Description: Enhanced well control through MPD technology in partnership with Pruitt.

  • Key Features: Customised MPD solutions, unique machine-learning control system, operational efficiency.


Performance Optimisation


  • Description: Software applications to improve drilling efficiency.

  • Key Features: FX-Control, optiTORQUE, optiSLIDE, optiDRILL, optiGEN, optiPUMP tools; AI-based optimization and control.


Data Analysis


  • Description: Tools to continually improve drilling operations by evaluating performance data.

  • Key Features: Insight intelligent analytics, AI-enabled drilling activity reports.


Digital Human Factors


  • Description: Tools ensuring procedural compliance and operational safety.

  • Key Features: CheckIt app, Active Monitoring app, eTRIC app, Alerts app, Rig Actions app, Inspections app, iWorkpacks app, DART® training.


Equipment Reliability


  • Description: Ensuring reliable drilling operations with minimal downtime.

  • Key Features: rigCARE monitoring, condition-based monitoring, remote support.


Design and Simulation


  • Description: Advanced technology for rig design and simulation.

  • Key Features: Scan2ISO process, engineering simulations, VR rig models.


Emissions Monitoring and Reduction


  • Description: Technologies for real-time emission tracking and control.

  • Key Features: Carbon emission measurement, Battery Energy Storage System (BESS), remote location CCTV, red zone monitoring, smart automation.


Key Technologies


  • FX-Control

  • optiTORQUE

  • optiSLIDE

  • optiDRILL

  • optiGEN

  • optiPUMP

  • rigCARE


Recent Developments



New Acquisitions


  • Acquisition by H&P: Helmerich & Payne announced an agreement to acquire KCA Deutag for $1.9725 billion (25 Jul 2024).

  • Completion of Saipem Onshore Drilling Acquisition: Final stage completed on 2 Jul 2024.


Financial Developments


  • Secured a further $45 million in project financing from Oman Arab Bank (5 May 2024).

  • Secured over $200 million in land drilling contracts in the Middle East and Latin America (10 Apr 2024).


Sustainability


  • 2023 Sustainability Report: Published on 21 Mar 2024, detailing sustainability strategy and outcomes.


Collaborations


  • Strategic Collaboration: Collaboration with Green Therma and SLB to deliver new revolutionary closed-loop geothermal solution (20 Mar 2024).

  • Partnership with Pruitt: Established a strategic partnership on 12 Jan 2024.


Contracts and Projects


  • Equinor Contracts: Over $450 million of drilling and maintenance contracts awarded by Equinor (13 Mar 2024).

  • Ringhorne Contract Extension: Vår Energi granted a drilling and maintenance contract extension (20 Feb 2024).

  • Urenco Project: Selected Kenera for Battery Energy Storage System (23 Jan 2024).


Management Changes


  • New SVP Kenera: Appointment announced on 2 May 2024.


Contact Information


  • Telephone: +44 1224 987000

  • Email: info@kcadeutag.com

  • Address: Bankhead Drive, City South Office Park, Portlethen, Aberdeenshire, AB12 4XX


© KCA Deutag 2024 Registered in Scotland No 31961

(Note: This report is generated using the provided data and may omit specific financial figures or certain founding details if such data is not available.)