KCA DEUTAG SECURES SAKHALIN ENERGY DRILLING CONTRACT

February 23, 2017

Leading global drilling and engineering contractor, KCA Deutag, announces that it has been awarded a contract extension by Sakhalin Energy for platform drilling services on its three platforms offshore Sakhalin Island in Russia. The four year contract extension is effective from 1 June 2017 to 31 May 2021. It also covers the provision of a full supply chain service including drilling and rig maintenance on the Lunskoye-A, Piltun-Astokhskoye-B and Molikpaq platforms, warehousing, management of spare parts and procurement. KCA Deutag employs approximately 300 employees in Sakhalin, around 80% of whom are Russian nationals. The group’s offshore operations are supported by an onshore operation in Yuzhno-Sakhalinsk and a supply base in Kholmsk where our logistics hub and drill pipe management facilities are located. The group has been contracted with Sakhalin Energy since 2003. Rune Lorentzen, President of Offshore and RDS said: “We are delighted to have been awarded this contract extension, which builds on a long standing relationship with Sakhalin Energy, and are very much looking forward to continuing to deliver the highest standards of operational performance.”

Sakhalin Energy, subsidiary of Gazprom, is developing the Piltun-Astokhskoye and the Lunskoye fields in the north-eastern shelf of the Sakhalin Island. Its major business lines are production, transportation, processing and marketing of oil and natural gas. The company operates three offshore oil & gas production platforms: Piltun-Astokhskoye-A (PA-A / Molikpaq), Piltun-Astokhskoye-B (PA-B) and Lunskoye-A (LUN-A). (Source: KCA Deutag – Image: Sakhalin Energy / Lunskoye-A platform)