Sun buys Transocean drilling management subsidiary

Feb. 20, 2014
Sun European Partners has acquired well design, construction, and completion specialist Applied Drilling Technology International (ADTI) from Transocean.

Offshore staff

ABERDEEN, UK – Sun European Partners has acquired well design, construction, and completion specialist Applied Drilling Technology International (ADTI) from Transocean.

ADTI, which was established in the UK in 1991, has since managed around 370 wells and 180 completions offshore northwestEurope, mostly on the UK continental shelf.

It employs an 84-stong team that allows oil company clients to outsource their entire offshoredrilling and completion operations.

ADTI has five business segments: Turnkey Drilling, Turnkey Completion, Project Management, Decommissioning and Well Engineering Studies. Clients include Hess, Tullow Oil, Summit Petroleum, Premier, Sterling Resources, Ithaca Energy, GDF Suez, and Xcite Energy.

02/20/2014