Tuesday 26 November 2024
 
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ADES

ADES Holding inks $640m KOC drilling service contracts

Saudi-based ADES Holding, a key provider of jackup and land rigs to the oil and gas industry, has signed onshore contracts worth SAR2.42 billion ($644 million) with Kuwait Oil Company (KOC).    The

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ADES Holding inks $640m KOC drilling service contracts

Saudi-based ADES Holding, a key provider of jackup and land rigs to the oil and gas industry, has signed onshore contracts worth SAR2.42 billion ($644 million) with Kuwait Oil Company (KOC).    The

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ADES unit secures $645m Kuwait Oil Company contracts

ADES Holding Company, a leading oil and gas drilling services provider, has announced that one of its key subsidiaries has secured onshore contracts from Kuwait Oil Company (KOC) for four of the company’s current operating rigs in Kuwait

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ADES unit secures $645m Kuwait Oil Company contracts

ADES Holding Company, a leading oil and gas drilling services provider, has announced that one of its key subsidiaries has secured onshore contracts from Kuwait Oil Company (KOC) for four of the company’s current operating rigs in Kuwait

More…

Saudi group ADES lands Egypt jackup drilling contract

Saudi-based ADES Holding Company has announced that it has received a Direct Award of Contract (DAC) from Suez Oil Company (SUCO) in Egypt for a 21-month jackup drilling work in the Gulf of Suez. The work is expected to commence i

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Saudi group ADES lands Egypt jackup drilling contract

Saudi-based ADES Holding Company has announced that it has received a Direct Award of Contract (DAC) from Suez Oil Company (SUCO) in Egypt for a 21-month jackup drilling work in the Gulf of Suez. The work is expected to commence i

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Saudi group ADES seals Qatar jackup drilling rig contract

Saudi-based ADES Holding Company has announced that it has received a Letter of Award (LOA) from one of the leading international oil companies for a one-year firm jack-up drilling contract in Qatar.  

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$1.2bn ADES IPO's retail tranche oversubscribed 9.8 times

Saudi PIF-backed ADES Holding Company, a leading oil and gas drilling and production services provider in the region, said its $1.2 billion IPO was oversubscribed 9.8 times by retail investors with over 1.31 million participating.

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ADES Holding reveals its IPO offer price range

ADES Holding, oil and gas driller in the Mena region, has set a price between 12.50 riyals ($3.33) to 13.50 riyals per share for its initial public offering.   The Capital Market Authority (CMA) on June 21 approv

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ADES and UAEU sign MoU to promote energy efficiency

Abu Dhabi Energy Services (ADES), a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed a Memorandum of Understanding (MoU) with United Arab Emirates University (UAEU), the first university established in the UAE. 

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