ADES to acquire SAS from Saipem for SAR1.07B

· argaam.com

ADES Holding Co. said its wholly owned indirect subsidiary, ADES Saudi Limited Co. signed on June 24, 2026 a binding agreement, to acquire Saudi Arabi

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...


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