ADES | Egypt Oil & Gas - Part 2

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.

ADES, Vantage Form Joint Venture

Vantage Drilling International and ADES International Holding agreed to form a deepwater-drilling joint venture in Egypt.

ADES Awarded New Drilling Contract in Egypt

ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni's subsidiary, IEOC.

EBRD to Boost Egypt’s Energy Sector with $170m

The EBRD has arranged a $170m loan facility to support safety standards in Egypt's energy sector.

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