Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more ...

Saudi Arabian oil drilling group ADES International Holding has increased its offer to buy Oslo-listed rival Shelf Drilling to 18.50 Norwegian Krone ($1.88) per share, representing a 6% increase in ...

The transaction is expected to close in Q4 2025, subject to shareholder approval at an extraordinary general meeting and other regulatory conditions. Image: Shutterstock Saudi-based oil and gas ...

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing. The ...

More than half of Milwaukee residents have skipped social events due to money worries, according to a new survey, as inflation continues to impact discretionary spending. Trump officials reverse ...

The contract renewal will significantly enhance revenue visibility and support the sustainability of the company’s backlog, ADES said in a statement to Tadawul. The rig is currently operating under a ...

The Feker Alice 98 Pro is a keyboard that caught my attention due to its ergonomic design and versatile features. As someone who spends a lot of time typing, I was curious about the Alice layout and ...

Donations to his memory may be made to his Cardiac Rehabilitation Program and to Home Health and Hospice. Both sites can be located on the UVMMC website. A Memorial Service to honor Phil will be held ...

The sale includes the Topaz Driller jackup rig, operating in the Malaysia-Thailand Joint Development Area, and the Soehanah jackup rig, owned by Rig Finance Ltd. (RFL), which operates in Indonesia.

ADES Holding Co.’s subsidiary, ADES International Holding Ltd., completed its direct asset acquisition of Rig Finance Ltd. (RFL)’s entire shares in the Soehanah jack-up rig in Indonesia for $85 ...