ADES Holding Company Secures New Award in Egypt, Leveraging its Strong Global Platform to Quickly Redeploy Three out of Five Temporarily Suspended Rigs in KSA
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Egypt
ADES Holding Company Secures New Award in Egypt, Leveraging its Strong Global Platform to Quickly Redeploy Three out of Five Temporarily Suspended Rigs in KSA
| Element List
|| Explanation
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| Date of the Award
|| 2024-05-02 Corresponding to 1445-10-23
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| Counterparty
|| Suez Oil Company (SUCO)
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| Contract Value
|| Approximately SAR 161 million
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| Contract Details
|| Firm direct contract award for 21-month with SUCO in Egypt for a standard jack-up rig from it's existing fleet.
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| Related Parties
|| N/A
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| Attached Documents
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