-+ 0.00%
-+ 0.00%
-+ 0.00%

Ades Holding Wins SAR440 Million Jackup Rigs Deployment Contracts in India

MT Newswires·11/08/2026 01:42:31
Listen to the news
01:42 AM EST, 11/08/2026 (MT Newswires) -- Ades Holding (SASE:2382) secured multi-year contracts totaling 439.6 million Saudi riyals to deploy its Key Singapore and Admarine 10 jackup rigs to India. The Saudi-listed drilling services company said Sunday that the contracts with Oil and Natural Gas Corp. will have firm three-year period per rig, with operations starting in the first quarter of 2027.