Thursday, 24th September 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.
Thursday, 17th September 2020
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, Thursday 17, to support the medical community amid the coronavirus (COVID-19) outbreak.
Monday, 10th August 2020
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 (CSR) subcommittee has launched an initiative to give back to the community.
Thursday, 9th January 2020
ADES International, a drilling contractor, renewed a contract with a client in Saudi Arabia for a jack-up drillship.
Thursday, 12th December 2019
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.
Tuesday, 25th June 2019
ADES International signed a one-year extension contract for an Algerian onshore rig.
Sunday, 10th March 2019
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.
Sunday, 16th December 2018
ADES International is renewing its contract for the ultra-shallow water rig Admarine 67 for a client in Saudi Arabia for seven years.
Saturday, 13th January 2018
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.
Sunday, 19th November 2017
General Petroleum Company (GPC) awarded a new contract to ADES International Holding for its ADMARINE III offshore jack-up rig, Egypt Oil & Gas reports.