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Saudi Arabia-based drilling giant ADES Holding has finalised a key multi-year contract with Thailand's national exploration and production company PTTEP for one of its jack-up drilling rigs.

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Riyadh – ADES Holding Company has received a letter of award (LOA) for an offshore jack-up drilling contract in the Gulf of Thailand with an estimated backlog of SAR 1.03 billion. The Saudi group was ...

Saudi oil and gas drilling contractor ADES Holding has secured a contract with Thailand’s state-owned PTTEP for its offshore jack-up drilling rig, marking a fourth redeployment of rigs that were ...

ADES Holding announced that it has received a Letter of Award from PTTEP Energy Development Company Limited for an offshore jack-up drilling contract in the Gulf of Thailand with an estimated backlog ...

Saudi oil and gas driller ADES has secured its second contract in Thailand, marking the fourth redeployment of one of its suspended jackup rigs in the Kingdom. The deal, estimated at about $276m ...

ADES Holding Co. received a letter of award from PTTEP Energy Development Co. Ltd. (PTTEP) for an offshore jack-up drilling contract in the Gulf of Thailand, with an estimated backlog of SAR 1.035 ...

Some regulators and politicians have grown concerned that the scale of these holdings could allow big passive fund managers to influence companies that are vital to the economy. FDIC board member ...