Abbot Group
Encyclopedia
Abbot Group Limited is a leading oil and gas services company based in Aberdeen
, Scotland
. The Group employs more than 8,000 people in over 20 countries across the world.
The group has two operating divisions, KCA DEUTAG
and Bentec, which provide drilling and related well and facilities engineering services to the energy industry. It is a market leader in the North Sea
and also operates in locations such as Russia, the Middle East, Caspian Region, North and West Africa, and Asia.
On 7 March 2008, Abbot Group was acquired by US private equity firm First Reserve Corporation
.
, former Executive Chairman of Abbot Group:
Operating divisions
Aberdeen
Aberdeen is Scotland's third most populous city, one of Scotland's 32 local government council areas and the United Kingdom's 25th most populous city, with an official population estimate of ....
, Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
. The Group employs more than 8,000 people in over 20 countries across the world.
The group has two operating divisions, KCA DEUTAG
KCA DEUTAG
KCA DEUTAG is an international oil and gas services company with headquarters in Aberdeen, United Kingdom. It has approximately 8,000 employees and operates in more than 20 countries worldwide.-Background:...
and Bentec, which provide drilling and related well and facilities engineering services to the energy industry. It is a market leader in the North Sea
North Sea oil
North Sea oil is a mixture of hydrocarbons, comprising liquid oil and natural gas, produced from oil reservoirs beneath the North Sea.In the oil industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the...
and also operates in locations such as Russia, the Middle East, Caspian Region, North and West Africa, and Asia.
On 7 March 2008, Abbot Group was acquired by US private equity firm First Reserve Corporation
First Reserve Corporation
First Reserve Corporation is a private equity firm specializing in leveraged buyouts and growth capital investments in the energy sector. First Reserve was founded in 1984 and is the oldest private equity dedicated to investments in the energy sector.....
.
Board of directors
The Board of Directors includes:- Holger Temmen - Chief Executive Officer
- Dr. Daniel Wiest - Chief Financial Officer
Overview
According to Alasdair LockeAlasdair Locke
Alasdair Locke is the former chairman of the Scottish oil services company Abbot Group, which has rigs in Africa , the North Sea, Sakhalin Island, and other areas. He was designated Scotland Overall and Master Entrepreneur Of The Year in 1999, and received the International Business Achievement...
, former Executive Chairman of Abbot Group:
-
- "During the last few years the Group has positioned itself in a number of strategic areas, and invested substantially, to become a major international offshore and onshore drilling contractor as well as a world leader in drilling design, construction and operation..."
Values
The Group is committed to implementing policies, procedures and strategies that respect the core values of health and safety, environmental stewardship, performance improvement, valuing all people, and business ethics.External links
Operating divisions