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ADES

ADES Pauses Some GCC Rigs Over Safety Concerns

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 Completes Merger with 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.

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