ADES International is renewing its contract for the ultra-shallow water Admarine 67 rig for a client in Saudi Arabia for seven years, Pipeline Oil & Gas Magazine reported.

The seven-year contract comes with an optional two-year extension and will begin after the expiry of the first contract in Q1 2019, the company said.

“We now have a long-term contracted visibility, underlining our ability to consistently sustain our backlog due to our customer-centric approach that delivers a tailored service with superior quality and an impeccable safety record,” Mohamed Farouk, CEO of ADES International Holding, said.