BRIEF-ADES Holding Receives Letter Of Award (LoA) For A Jackup Rig Contract In Thailand

-0.55%

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ADES

2382.SA

18.16

-0.55%

Tadawul All Shares Index

TASI.SA

12354.04

-0.07%

Dec 29 (Reuters) - ADES HOLDING 2382.SE:

RECEIVES LETTER OF AWARD (LOA) FOR A JACKUP RIG CONTRACT IN THAILAND
CONTRACT VALUE ESTIMATED BACKLOG OF SAR 1.035 BILLION
AWARD IS FOR A FIVE-YEAR FIRM PERIOD PLUS AN OPTIONAL THREE-YEAR EXTENSION
LETTER OF AWARD (LOA) FROM PTTEP ENERGY DEVELOPMENT CO FOR AN OFFSHORE JACK-UP DRILLING CONTRACT

Source text: ID:nSSE7gc5bg

Further company coverage: 2382.SE

((Reuters.Briefs@thomsonreuters.com;))

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