Abbot Group Limited is an oil and gas services company based in

Aberdeen Aberdeen (; sco, Aiberdeen ; gd, Obar Dheathain ; la, Aberdonia) is a city in North East Scotland, and is the third most populous city in the country. Aberdeen is one of Scotland's 32 local government council areas (as Aberdeen City), and ...

Scotland Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the ...

. The Group employs more than 8,000 people in over 20 countries around the world. The group has two operating divisions,

KCA DEUTAG KCA Deutag is an international oil and gas services company with headquarters in Aberdeen, United Kingdom. It has approximately 9,000 employees and operates in more than 20 countries worldwide. Background KCA Deutag is the merger of KCA Dril ...

and Bentec, which provide drilling and related well and facilities engineering services to the

energy industry The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy indu ...

. It operates in the

North Sea The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian S ...

and 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. In 2012, Abbot was involved in a bribery settlement with the British government, paying £5.6m as penalty for bribes made to win a contract. The amount was equivalent to "advantage received by the company" from the contract it won by bribing Scottish officials. The series of payments was entered into by one of its overseas subsidiaries.

References

External links

Official site
{{Authority control Oil and gas companies of the United Kingdom Companies based in Aberdeen Companies formerly listed on the London Stock Exchange Private equity portfolio companies Oilfield services companies

See also

References

External links