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

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 Date of the Award 2024-05-02 Corresponding to 1445-10-23 Counterparty Suez Oil Company (SUCO) Contract Value Approximately SAR 161 million Contract Details Firm direct contract award for 21-month with SUCO in Egypt for a … 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