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Saturday, 9 August 2014

Drilling company strikes US 170-million dollar project

Sonangol Pesquisa e Producao SA, the research and exploration unit of Angolan state-oil company Sonangol SA, has awarded Aberdeen-based drilling contractor KCA Deutag a US$170-milion dollar contract. 

The project is to supply the Ben Rinnes jack-up rig in Angola.  The two-year agreement, which comes with a two-year extension option, will see KCA Deutag’s offshore division provide drilling and completion services, in various offshore locations in Angola. The contract will employ about 100 people, most of whom will be Angolan nationals.

The Ben Rinnes is one of two jack-ups in KCA Deutag’s rig fleet. The rig has been operating in Gabon since January 2013, where it completed a multi-well drilling programme. KCA Deutag has been operating in Angola since 2005, where it manages three platform drilling rigs.