ADTI extends wellhead supply arrangement with Plexus

Plexus Holdings has signed a further two-year framework agreement with Applied Drilling Technology International (ADTI), the turnkey drilling division of Transocean Drilling U.K., for work in the North Sea.

Offshore staff

LONDON – Plexus Holdings has signed a further two-year framework agreement with Applied Drilling Technology International (ADTI), the turnkey drilling division of Transocean Drilling U.K., for work in the North Sea.

Plexus will supply ADTI with its standard 10,000-psi POS-GRIP wellhead technology, with the contract value estimated at $3.3 million. This is the two parties’ fourth successive supply contract.

08/30/2011

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