Abbot Group Company Description
Abbot Group religiously provides services to its oil and gas customers worldwide. The company, primarily through its KCA DEUTAG and Bentec subsidiaries, provides international drilling, well engineering, and wireline services in 20 countries. It also offers oil rig design and construction services. Abbot operates a fleet of 61 land drilling rigs, 39 offshore drilling platforms, and 10 mobile offshore drilling rigs. KCA DEUTAG is the largest offshore platform drilling contractor in the UK sector of the North Sea. It is also a leading land drilling contractor. Customers include TOTAL , Exxon Mobil, BP, and Hess. In 2008 the company was acquired by Turbo Alpha Limited, a unit of private-equity firm First Reserve.
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The Company Description provides a historical perspective of Abbot Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Abbot Group's evolution in the marketplace.
