The acquisition will add five jack-up drilling rigs to ADES' fleet and increase its backlog by approximately SAR 3.8 billion ADES Holding Co. said its wholly o...
ADES Holding Co. is set to acquire Saipem's drilling business, SAS, for SAR 1.07 billion. This strategic move will expand ADES' fleet by adding five jack-up drilling rigs. The acquisition is also projected to significantly boost ADES' backlog by approximately SAR 3.8 billion,…
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