ADES Holding Company is a Saudi Arabian holding company that provides offshore and onshore drilling and production services to the oil and gas industry.
Headquartered in Al Khobar and founded in 2002, it operates a fleet of approximately 90 rigs, primarily jack-up units, across countries including Saudi Arabia, Egypt, Algeria, Tunisia, Kuwait, Qatar, India, Indonesia, and Thailand.
Through its subsidiary ADES Saudi Limited Company, it signed a binding agreement in 2026 to acquire Saudi Arabian Saipem Limited, including five jack-up rigs, for USD 285 million on a debt-free, cash-free basis, subject to regulatory approvals and expected to close in the third quarter of 2026.
Official website: adesgroup.com
To provide comprehensive coverage, we aggregate data and news under the name ADES, encompassing the following company names, divisions, and related entities:
ADES Group and Ades Holding Co..
This list encompasses current and former names, alternate names, and key divisions associated with ADES, ensuring you can easily find all relevant information under a single, unified profile.
