ADES | Egypt Oil & Gas

ADES Egypt Revenues Record $39.2 MM in H1 2020

Advanced Energy Systems (ADES) earned $39.2 million in revenues from its work in Egypt during H1 2020 against $43.6 million in H1 2019; indicating a 10% year-on-year (YoY) decrease.

MoP, EOG-CSR Offer Second Batch of Anti-Coronavirus Aid Supply to Medical Community

The Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility (CSR) subcommittee have sent the second batch of medical equipment today, ...

MoP, EOG-CSR Subcommittee Support Medical Community Against COVID-19

To support the medical community amid the coronavirus (COVID-19) outbreak, the Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility ...

ADES Renews Contract with Saudi Arabia

ADES International, a drilling contractor, renewed a contract with a client in Saudi Arabia for a jack-up drillship.

ADES Secures Deepwater Drilling Contracts with Baker Hughes

ADES announced that it has secured its first onshore deep drilling contracts under a lump sum turnkey project in Kuwait with Baker Hughes, a GE Company.

ADES Extends Algeria’s Onshore Rig Contract

ADES International signed a one-year extension contract for an Algerian onshore rig.

Dana Gas, ADES-Vatage Sign Deepwater Agreement

Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.

ADES to Renew Contract for Offshore Rig in Saudi Arabia

ADES International is renewing its contract for the ultra-shallow water rig Admarine 67 for a client in Saudi Arabia for seven years.

ADES Extends 3 Contracts in Egypt

ADES International Company has extended two contracts in Admarine II and Admarine IV, additionally renewing an existing lease for Admarine VI in Egypt’s Gulf of Suez Area.

GPC Awards New Contract to ADES

General Petroleum Company (GPC) awarded a new contract to ADES International Holding for its ADMARINE III offshore jack-up rig, Egypt Oil & Gas reports.

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