Fossil Energy – Merger
ADES and Shelf Drilling have completed their planned merger, with Shelf Drilling now wholly owned by ADES.
[Read more…] about ADES completes merger with Shelf DrillingDrilling job in Saudi waters on ADES rig’s agenda in January
Fossil Energy – Drilling
Saudi Arabia-headquartered ADES Group has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
[Read more…] about Drilling job in Saudi waters on ADES rig’s agenda in JanuaryADES’ jack-up barge capsizes off Egypt
General – Towing Incident
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.
[Read more…] about ADES’ jack-up barge capsizes off EgyptSapphire Driller secures multi-year contract
Fossil Energy – Drilling
ADES has signed a four-year contract extension for 375-ft jackup Sapphire Driller with North Oil Company offshore Qatar.
[Read more…] about Sapphire Driller secures multi-year contractLong-term deal for ADES
Fossil Energy – Contract
ADES has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the Kingdom of Saudi Arabia.
[Read more…] about Long-term deal for ADESADES awarded $276 million jack up contract in Thailand
Fossil Energy – Thailand
ADES Holding, Saudi Arabia, announced that it has received a Letter of Award (LoA) from PTTEP Energy Development Company for an offshore jack-up drilling contract in the Gulf of Thailand.
[Read more…] about ADES awarded $276 million jack up contract in ThailandADES bags $94mln offshore drilling contract in Thailand
Fossil Energy – Thailand
ADES has signed an offshore drilling services contract with Thailand’s PTTEP Energy Development Company for $94.39 million.
[Read more…] about ADES bags $94mln offshore drilling contract in Thailand