Finance

US driller to buy UK rival for nearly $2 billion with eye on Middle East expansion

KCA Deutag acquisition will balloon H&P’s Middle East rig count from 12 to 88

H&P chief executive John Lindsay.
H&P chief executive John Lindsay.Photo: H&P
North America Energy CorrespondentBaton Rouge
Published 25 July 2024, 17:07Updated 25 July 2024, 19:37
KCA DeutagHelmerich & PayneUnited StatesUnited KingdomAmericas