ADES International
-
ADES Extends Algeria’s Onshore Rig Contract
Tuesday, 25th June 2019
ADES International signed a one-year extension contract for an Algerian onshore rig.
-
ADES Achieves Strong Performance in Q1 2019
Tuesday, 28th May 2019
ADES has achieved revenues of around $108.7 million until March 2019, up from $41.2 million a year before.
-
ADES International Revenues from Egypt Reach $87.2 M by End of 2018
Sunday, 19th May 2019
ADES International Company announced that its revenues from Egypt reached $87.2 million at the end of 2018, recording 42.4% of its total revenues in 2018.
-
ADES Acquires Onshore Contracts in Algeria
Sunday, 3rd March 2019
ADES International completed acquiring four onshore rigs contracts from Weatherford in Algeria.
-
ADES Renews Saudi Rigs Contracts
Tuesday, 26th February 2019
The contracts’ renewal term for all six rigs start during February 2019 as existing contracts expire.
-
ADES Wins Two Saudi Onshore Drilling Contracts
Tuesday, 19th February 2019
ADES International, an oil and gas drilling and production company, announced winning the bid for two onshore drilling contracts worth $150 million in Saudi Arabia.
-
ADES Borrows $450 M to Finance Acquisitions
Tuesday, 27th March 2018
ADES International Holding Company will borrow a syndicated loan worth $450 million over five years in order to finance acquisitions following the company’s 2017 initial public offering.
-
ADES Announces 17.5% Annual Revenue Growth
Thursday, 22nd March 2018
The Advanced Energy Systems company has announced revenues of $157.6 million in 2017, a 17.5% year-on-year increase from 2016.
Latest News
-
PMS Implements 87 Projects Worth $171 MM
-
Monday Minutes: Economic Snapshot
-
El Molla Reviews Midor Refinery Expansion
-
Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021