Abbot Group

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Description:
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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.

Board of directors

The Board of Directors includes:

Holger Temmen - Chief Executive Officer
Dr. Daniel Wiest - Chief Financial Officer
Accessed 23 October 2009.

Overview

According to Alasdair Locke, 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...
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