Equities
Ades Holding Wins Offshore Drilling Services Contract from Seplat Energy Unit
Ades Holding (SASE:2382) secured an offshore drilling services contract from Seplat Energy (SEPL.L) unit Seplat Energy Producing Nigeria.The drilling services company will carry out work through its Shelf Drilling Odyssey jackup rig, starting from the first quarter of 2027, according to a Thursday release.The contract entails mobilization and demobilization fees of 375.3 million Saudi riyals for the two-year firm period. It also offers two extension options for one year each.
SASE:2382$SEPL.L
