DUBAI, UK: ADES International Holding, leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) has secured contract renewals for seven of its rigs in Kingdom of Saudi Arabia (KSA). The contracts cover offshore rigs AD 655, AD 656, AD 266 and AD 261, and onshore rigs ADES…
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ADES secures contract renewal for ADMARINE 262 in KSA
LONDON, UK: ADES International Holding has secured a contract renewal for ADMARINE 262. ADMARINE 262 renewal has a five-year tenor, which will be effective upon the expiry of the current contract in April 2020, and will have a higher daily rate. Commenting on the contract award, Dr. Mohamed Farouk, Chief Executive Officer of ADES International…