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Petroleum Development Oman awarded KCA Deutag Energy LLC a 10-year contract worth up to $550 million for four new automated drilling rigs to be built in Oman by IDTEC, with operations starting in H2 2023.
KCA Deutag Energy won a 10-year contract from Petroleum Development Oman for drilling services with four new automated rigs built in Oman. The contract value is around $550 million with options, and KCA Deutag will invest about $100 million to build the rigs.
Petroleum Development Oman has awarded KCA Deutag Energy LLC a ten-year contract for drilling services with four new automated rigs to be built in Oman. The contract value is around $550 million including options.