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ADES to resume offshore drilling contracts in Saudi Arabia in 2026
Yahoo Financeยท 2025-10-29 15:36
Saudi Arabia-based oil and gas drilling services provider ADES Holding Company (ADES) is set to resume several of its drilling contracts in the country. ADES will recommence multiple onshore agreements and one offshore contract, which is scheduled to restart in January 2026. The company will deploy the Admarine 510 rig, which recently secured a contract in Cameroon and is currently being prepared in Bahrain for deployment. This rig will be allocated for the Cameroon contract after completing its current ...