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((Short description|Oil and gas services company based in Aberdeen, Scotland))
((More citations needed|date=November 2019))

((Use dmy dates|date=January 2021))
((Use British English|date=February 2012))
<!-- Deleted image removed: [[File:Abbot Group - JPEG.jpg|thumb]] -->

'''Abbot Group Limited''' is an oil and gas services company based in [[Aberdeen]], [[Scotland]].  The Group employs more than 8,000 people in over 20 countries around the world.<ref>[http://www.kcadeutag.com/images/media_centre/abbot_annual_reports/ABBOT%20REPORT%202007.pdf "Annual Report 2007" Abbot Group]((dead link|date=June 2017 |bot=InternetArchiveBot |fix-attempted=yes )) Accessed 12 June 2008.</ref> 

The group has two operating divisions, [[KCA DEUTAG]] and Bentec. DEUTAG was acquired in 2001 and was merged with KCA Drilling.<ref name=":1">((Cite book |last=Smith |first=Norman J. |title=The Sea of Lost Opportunity: North Sea Oil and Gas, British Industry and the Offshore Supplies Office, Volume 7 |publisher=Elsevier |year=2011 |isbn=978-0-444-53645-7 |location=Oxford |pages=225 |language=en))</ref> They constituted the division that provide offshore and onshore drilling services.<ref name=":1" /> Bentec, on the other hand, provides related well and facilities engineering services to the [[energy industry]]. The company operates in the [[North Sea oil|North Sea]] 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]].<ref>((Cite news|title = First Reserve to acquire Abbot|url = http://www.ft.com/cms/s/0/f85d03fe-ae2f-11dc-97aa-0000779fd2ac.html#axzz3YowJ9xGP|newspaper = Financial Times|date = 19 December 2007|access-date = 2015-04-30|issn = 0307-1766|first = Dino|last = Mahtani))</ref>

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.<ref name=":0">((Cite web |last=Binham |first=Caroline |date=November 24, 2012 |title=Abbot first to strike bribery deal |url=https://www.ft.com/content/a6d7afea-3587-11e2-bd77-00144feabdc0 |access-date=2022-08-08 |website=www.ft.com))</ref> The penalty, which was cited as civil recovery, was announced on November 23, 2012.<ref name=":2" /> The amount was equivalent to "advantage received by the company" from the contract it won by bribing Scottish officials.<ref name=":0" /><ref>((Cite book |last=King |first=Colin |title=Negotiated Justice and Corporate Crime: The Legitimacy of Civil Recovery Orders and Deferred Prosecution Agreements |last2=Lord |first2=Nicholas |publisher=Springer |year=2018 |isbn=978-3-319-78562-2 |location=Cham |pages=66 |language=en))</ref> The series of payments was entered into by one of its overseas subsidiaries.<ref name=":2">((Cite book |last=Talus |first=Kim |title=Research Handbook on International Energy Law |publisher=Edward Elgar Publishing |year=2014 |isbn=978-1-78100-219-3 |location=Cheltenham |pages=505 |language=en))</ref>

== See also ==
* [[List of oilfield service companies]]

==References==
<references/>

==External links==
*[http://www.abbotgroup.com/ Official site]
((Energy in the United Kingdom|companies))

((Authority control))

[[Category:Oil and gas companies of the United Kingdom]]
[[Category:Companies based in Aberdeen]]
[[Category:Companies formerly listed on the London Stock Exchange]]
[[Category:Private equity portfolio companies]]
[[Category:Oilfield services companies]]

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