Category: ADES-Shelf Drilling merger

  • Shell hires ADES rig for drilling ops offshore Brunei

    Shell hires ADES rig for drilling ops offshore Brunei ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has landed a new offshore drilling assignment for one of its jack-up rigs off the coast of Brunei with Brunei Shell Petroleum (BSP), a joint venture company between the…

  • 33 jack-up rigs change hands as ADES and Shelf Drilling tie the final merger knot

    33 jack-up rigs change hands as ADES and Shelf Drilling tie the final merger knot ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has put the finishing bow on the merger with the UAE-based Shelf Drilling, augmenting its offshore drilling fleet with 33 more jack-up rigs.…

  • ADES-Shelf Drilling merger wrap-up coming before November ends

    ADES-Shelf Drilling merger wrap-up coming before November ends ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is days away from crossing the finish line for its merger with the UAE-based Shelf Drilling, expanding its offshore drilling fleet with the addition of 33 jack-up rigs. The post…