Posted inOilfield Services List Top 30 Oilfield Services Companies 2018

Top-30-Oilfield-Services-Companies-2018-15. ADES International Holding

ADES International Holding

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London listed ADES International Holding is an oil and gas drilling and production services provider offering offshore and onshore contract drilling, as well as workover and mobile offshore production unit services. This new entry borrowed $450mn earlier this year to partly fund acquisitions. It paid $287mn for Weatherford’s land drilling rig operations in Saudi Arabia, Kuwait and Algeria. The 31 rigs boost ADES International’s regional stature.

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