
ADES Wins $270 Million in Rig Deals
ADES has secured one new jackup contract in Nigeria and one North Sea extension, increasing its firm backlog by about $270.1 million.

ADES has secured one new jackup contract in Nigeria and one North Sea extension, increasing its firm backlog by about $270.1 million.

Arabian Drilling has suspended operations on several offshore rigs in the Gulf under safety protocols, while its active land fleet of 39 rigs continues operating without disruption.

ADES has temporarily suspended several offshore rigs in the GCC as regional tensions persist. The Saudi driller said the move is short term and aimed at protecting personnel and assets while it works with clients and stakeholders to monitor developments and maintain readiness.

ADES has secured a two-year contract with Brunei Shell Petroleum for P&A work using the Compact Driller jack-up, following its acquisition of Shelf Drilling.

ADES has completed its merger with Shelf Drilling, forming a combined offshore drilling company with more than 80 jack-ups and a $9.45 billion backlog as of June 2025.

ADES Holding will resume an offshore drilling contract in Saudi waters in January 2026 using the Admarine 510 jack-up rig, now preparing in Bahrain.
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