ADES picks up $63m Brunei jackup deal

Saudi oil and gas driller ADES has landed a fresh two-year contract for the Compact Driller jackup with Brunei Shell Petroleum, marking its first award since completing the acquisition of Shelf Drilling. The deal, worth around SAR 236m ($63m), was secured through Shelf Drilling, now a wholly owned ADES subsidiary. The 1992-built rig will handle …