BRIEF-ADES Holding Secures New Contract For Shelf Drilling Odyssey In Nigeria

ADES

ADES

2382.SA

0.00

July 16 (Reuters) - ADES HOLDING COMPANY LISTED JSC 2382.SE:

  • ADES HOLDING - SECURES NEW CONTRACT FOR SHELF DRILLING ODYSSEY IN NIGERIA

  • ADES HOLDING - CONTRACT VALUE FOR FIRM PERIOD ONLY INCLUDING MOBILIZATION AND DEMOBILIZATION FEES IS APPROXIMATELY SAR 375.3 MILLION

  • ADES : OPERATIONS FOR RIG ARE EXPECTED TO COMMENCE IN Q1 2027

  • ADES HOLDING - CONTRACT DURATION COMPRISES A TWO-YEAR FIRM PERIOD, WITH TWO UNPRICED OPTIONAL EXTENSION PERIODS OF ONE YEAR EACH

Source text: ID:nSSE59WfQX

Further company coverage: 2382.SE


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