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. It offers oil rig design and construction services. Abbot operates a fleet of 61 land drilling rigs, 39 offshore drilling platforms, and three mobile drilling rigs. KCA DEUTAG is the largest offshore platform drilling contractor in the UK sector of the North Sea. It is also one of the world's largest land drilling contractors. Customers include TOTAL , Exxon Mobil, BP, and Hess. Chairman Alasdair Locke owns 17% of the company. In 2006 the company acquired Norway's Songa Drilling.
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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.
