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Well management specialist prepares for expansion

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Applied Drilling Technology International Limited (ADTI) is targeting growth worldwide as the company prepares for a significant anniversary.

Next monthFeb will mark one year since the Aberdeen-based business was acquired by private equity house Sun European Capital Partners from Transocean and the well management market leader has ambitious plans for 2015.
With an extensive track record of providing turnkey and project managed drilling and completion services to a growing customer base, the growth strategy includes a focus on opportunities in the Scandinavian, African and Asian markets.

ADTI plans to launch its first permanent overseas office in Norway early this year. A presence in Norway will allow the company to expand its international presence and the company is looking forward to working with existing customers as well as developing new relationships in this exciting market.

Contract wins and successful projects with operators including Iona, National Grid, OMV, JX Nippon, GDF Suez, Tullow Oil, Ithaca Energy, Parkmead Group and Oranje-Nassau Energie in the last year have provided a springboard for 2015.

Andrew Stannard, CEO of ADTI, said: “After a successful transitional year, we are looking forward to embracing further opportunities in the months ahead. Although 2015 is going to be challenging there is a great deal of satisfaction in the foundations which have been set throughout the year. Our highly skilled and experienced staff will continue to be at the heart of the business ensuring we deliver quality on every project.”