KCA Deutag Alpha Ltd - Company Profile
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Business Description
KCA Deutag Alpha Ltd (KCA Deutag), a subsidiary of Helmerich & Payne Inc, is a drilling, engineering, and technology partner and serves industries related to hydrocarbon and energy transition markets. As of December 2024, KCA Deutag operated a fleet of 170 drilling rigs across the Middle East, Europe, Africa, the Caspian Sea, Latin America, and Canada. It also offers services such as equipment rental, performance optimization, data analysis, data design and simulation, and emissions monitoring and reduction. As of December 2024, operated in over 20 countries.
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Business Segments
Overview
Offers land rig drilling services to traditional hydrocarbon and energy transition markets. In FY2024, the segment incurred a capital expenditure of US$150.3 million, which grew 23.4% YoY.
Performance
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Overview
Offers offshore platforms for drilling services. Has operations in the North Sea, Caspian Sea, Eastern Canada, and Africa. In FY2024, the segment incurred a capital expenditure of US$0.6 million, which grew 200% YoY.
Performance
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Overview
Offers design, construction, components, and engineering services to traditional hydrocarbon and energy transition markets. It expands the Group’s offering in hydrocarbon and energy transition markets to deliver technology solutions. Kenera has three dedicated segments covering innovative services, technology and engineering, and manufacturing. In FY2024, the segment incurred a capital expenditure of US$1.9 million, which grew 58.3% YoY.
Performance
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