BRIEF-Ades Holding Secures New Contract For Shelf Drilling Fortress In Uk North Sea

ADES

ADES

2382.SA

0.00

July 16 (Reuters) - ADES Holding Company Listed JSC 2382.SE:

  • ADES HOLDING: SECURES NEW CONTRACT FOR SHELF DRILLING FORTRESS IN UK NORTH SEA

  • ADES HOLDING: OPERATIONS ARE EXPECTED TO COMMENCE DURING Q4 2026

  • ADES HOLDING - TOTAL CONTRACT VALUE, INCLUDING FIRM DURATION, OPTIONAL EXTENSIONS, MOBILIZATION AND DEMOBILIZATION FEES, APPROXIMATELY SAR 483 MILLION

  • ADES : CONTRACT INCLUDES TWO FIRM WELLS FOR 550 DAYS PLUS TWO OPTIONAL 275-DAY EXTENSIONS

Source text: ID:nSSE6R3j7Q

Further company coverage: 2382.SE


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.