Bond Offshore signs new contract with ADTI

Bond has been awarded a new contract with Applied Drilling Technology International (ADTI).

The new contract, worth approximately £14 million, is to provide crew-change flights. Services are due to begin early June and will run for three years.

ADTI is one of the most active well management companies in the North Sea, drilling and completing wells on turnkey and project managed basis. This contract will service ADTI’s work with the Ensco 100 for Ithaca Energy (UK) Limited’s Stella development in the Central North Sea.

This new contract will be serviced by Bond’s first Sikorsky S-92 aircraft, under an arrangement whereby the aircraft will be shared with Premier Oil.

Luke Farajallah, managing director, Bond Offshore Helicopters, said: “We are very pleased with this new contract, our fourth win this year, which allows us to continue and build upon the strong relationship we have with ADTI.”

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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