ADES bags SAR 1.1 bln contracts in Algeria, Indonesia

ADES holding Co. was awarded a long-term contract (LOA) with Pertamina Drilling Services Indonesia to operate its existing jackup drilling rig in the Java Sea, Indonesia for Pertamina in Region 2, aligning with the company’s efforts to expand footprint in South East Asia, according to the company’s statement to Tadawul. 

ADES boosted presence in Algeria, bagging two long term contracts by Sonatrach for two of its existing onshore rigs.

Source : Argaam