Sun European Partners’ affiliate buys ADTI

Sun European Partners, LLP has announced that one of its affiliates has acquired Applied Drilling Technology International Limited, an offshore integrated turnkey and project management business focused on well design, construction and completion services primarily in the UK North Sea.

The business was acquired from Transocean for an undisclosed value.

Established in the UK in 1991, ADTI has managed approximately 370 wells and 180 completions in Northwest Europe, with an emphasis on the UK Continental Shelf (UKCS). The company currently employs 84 highly skilled professionals and support staff, which allows its customers to completely outsource their offshore drilling and completion operations, while minimizing risks, adhering to the highest standards in QHSE and managing costs.

The company, based in Aberdeen, Scotland, operates its business through five segments: Turnkey Drilling, Turnkey Completion, Project Management, Decommissioning and Well Engineering Studies. The company maintains longstanding relationships with its customers which encompass operators of all sizes from majors to large independents to new entrants, including Hess, Tullow, Summit Petroleum, Premier, Sterling Resources, Ithaca Energy, GDF Suez and Xcite, among others.

Lionel de Posson, Vice President at Sun European Partners, said: “ADTI has deep knowledge of the UKCS market and has built an unrivalled and unique offering in turnkey solutions. The company has established a strong reputation in the market, underpinned by its best-in-class workforce who are all skilled operators in their specialist fields. ADTI is well positioned to take advantage of the positive market trends in the region and we look forward to working with the management team to explore further opportunities for growth in new products and geographies.”

 

Press Release, February 21, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Nigeria Oil & Gas Conference & Exhibition 2019

The annual meeting once again proved to be a great success, gathering over 700 industry professionals…

read more >

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply