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Abbot Group Limited · Aberdeen Scotland

Company Description

Minto Dr. Altens Industrial Estate
Aberdeen
AB12 -3LW
Scotland (Map)
Phone: +44-1224-299-600
Fax: +44-1224-230-403
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    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. To read the full description, subscribe now.
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    Key Abbot Group Limited Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    2007 Sales (mil.)$1,542.2
    2007 Employees6,554

    Abbot Group Limited Executives

    8 executives listed for Abbot Group Limited's Aberdeen,  location.
    TitleName & BioContact
    Executive ChairmanAlasdair LockeNetwork
    CEO and Director; CEO, KCA DEUTAG GroupHolger TemmenNetwork
    Finance DirectorPeter MilneNetwork

    Competition

    Competitive Landscape for Abbot Group Limited
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top Abbot Group Limited Competitors
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