ADES International | Egypt Oil & Gas
ADES Achieves Strong Performance in Q1 2019
ADES International has achieved a strong operational performance in Q1 2019, Pipeline Oil and Gas Magazine reported. Revenues surged by around 164% to $108.7 million until March 2019, up from $41.2 million a year befo...
ADES International Revenues from Egypt Reach $87.2 M by End of 2018
ADES International Company announced that its revenues from Egypt reached $87.2 million at the end of 2018, recording 42.4% of the company’s total revenues, Al Borsa Newspaper reported. The company also announce...
ADES Acquires Onshore Contracts in Algeria
ADES International completed acquiring four onshore rigs contracts from Weatherford in Algeria, Pipeline Oil and Gas Magazine reported. “We have now effectively completed the Weatherford acquisition, which is transfor... ADES Renews Saudi Rigs Contracts
ADES International, Middle East drilling and production services company, has renewed its six onshore operating rigs contracts with Saudi Arabia for three years, Pipeline Oil and Gas Magazine reported. “We are p... ADES Wins Two Saudi Onshore Drilling Contracts
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, Pipeline Oil and Gas Magazine reported. The company ...
ADES Borrows $450 M to Finance Acquisitions
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 (IPO), the National reported. T...
ADES Announces 17.5% Annual Revenue Growth
The Advanced Energy Systems company (ADES) has announced revenues of $157.6 million in 2017, a 17.5% year-on-year (Y.o.Y) increase from 2016, Offshore Energy Today reported. The Egyptian company’s revenues incre...Page 1 of 1
