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Home Energy

KCA Deutag inks US$60M contract extension in Angola

Energy Capital & Power by Energy Capital & Power
September 16, 2023
in Africa, Angola, Energy
Reading Time: 1 min read
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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.

Also read: Angola discusses Luanda’s surface metro

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.

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Source: Energy Capital & Power
Tags: Angolacore drillingdevelopmentdrilling technologiesEnergyKCA DeutagKCA Deutag inks US$60M contract extension in Angolaoffshore platformsOil and gasoil and gas explorationOle MaierPresident Offshore for KCA Deutagrental servicesанголаأنغولاアンゴラ安哥拉
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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.

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