The international oil-river group KCA DEUTAG announced the suspension of new investments in Russia, reported on the official website of the group.
“From the very beginning of the KCA Deutag conflict, a special committee has created an active observation of the situation and fully comply with all applications applied. The group has suspended new investments in Russia and evaluates its own options related to Russian business,” the report says.
It is noted that the group has two subsidiaries in Russia – LLC “KSA Doytag Rasha” (Tyumen) and LLC “KSA Doytag Drilling” (Yuzhno-Sakhalinsk).