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Helmerich & Payne (NYSE:HP) -0.9% in early trading Thursday after falling 4% in the previous session following disclosure that it received notices of contract suspensions for an additional nine rigs ...

KCA Deutag has 36 onshore rigs in Saudi Arabia, according to its fleet report. It announced in October that it had received extensions for four of its rigs in Saudi Arabia, collectively worth $352 ...

KCA Deutag, a leading global drilling, engineering and technology provider, has secured contract awards, extensions and options worth around $112 million primarily related to land rigs in Saudi Arabia ...

This region, which generated around 70% of KCA Deutag's 2023 Operating EBITDA, will see HP's rig count increase from 12 to 88 rigs, with 71 rigs in key markets like Saudi Arabia, Oman and Kuwait.

under which Saipem sold its onshore drilling assets to KCA Deutag. The acquisition of the Kuwait component is added to the previously completed acquisitions of Saudi Arabia, UAE and Africa activities.

extensions and options worth around $112 million primarily related to land rigs in Saudi Arabia and Oman. With over 130 years of experience, KCA Deutag is a leading drilling, engineering and ...