KCA Deutag Secures Land Drilling Contracts for Five Rigs (ScandOil)
Scottish based International drilling and engineering contractor KCA Deutag has announced that its land drilling operation has been awarded new contracts for five rigs with a combined contract value of USD 48 million.
In Europe the T-700 which recently completed two geothermal wells in the Netherlands has also won a 5-month contract for an additional four wells with the same client. This is the group’s sixth contract in the European geothermal drilling market in recent years, and an area which offers substantial growth opportunities for the group as Europe seeks to increase its renewable energy generation.
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From the Global Geothermal News archives:
Tuesday, March 7, 2017 - Netherlands: Drilling of Two Geothermal Wells to Start This Month