ADES

ADES has secured a 10-year extension to its contract for the jackup Admarine 657.

Suez Oil Co. has awarded ADES Holding Co. a 21-month drilling contract in the Gulf of Suez, which should start in the next few weeks.

ADES Holding has a letter of intent from PTTEP for a firm 18-month jackup drilling contract in the Gulf of Thailand, with options for a nine-month extension.

The ADES-operated jackup ADM-8 has spud the Yakoot exploration well.

Keppel Offshore & Marine subsidiaries have entered bareboat charter contracts with ADES Saudi for two KFELS B Class jackup drilling rigs, Cantarell III and Cantarell IV.

Seadrill has completed the sale of entities in Saudi Arabia that own and operate seven jackups to subsidiaries of ADES Arabia Holding.

Seadrill has agreed to sell legal entities that own and operate seven drilling jackups in Saudi Arabia to ADES Arabia Holding for $628 million.

Vantage Holdings International has sold its wholly owned subsidiary, Emerald Driller Co., to ADES for $170 million.

Maersk Drilling has entered an agreement to sell the jackup Maersk Convincer to ADES for $42.5 million.

The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine are under contract with Saudi Aramco.