ADES Appoints Investec as Corporate Broker
13 July 2017 - 6:52PM
Business Wire
ADES International Holding Ltd. (LON: ADES), the London-listed
company providing offshore and onshore oil and gas drilling and
production services in the Middle East and Africa through its
subsidiaries, is pleased to announce the appointment of Investec
PLC as the company’s corporate broker with immediate effect.
—Ends—
NOTES TO EDITORS
About ADES International Holding ADES International
Holding extends oil and gas drilling and production services
through its subsidiaries and is a leading service provider in the
Middle East and Africa, offering onshore contract drilling as well
as workover and production services in Egypt, Algeria and Saudi
Arabia. The company is pre-qualified in markets including Egypt,
Saudi Arabia, Algeria, India, Mexico and the Saudi–Kuwaiti Neutral
Zone. Its over 1,200 employees serve clients including major
national oil companies (“NOCs”) such as Saudi Aramco and Sonatrach
as well as joint ventures of NOCs with global majors including BP
and Eni. While maintaining a superior health, safety and
environmental record, the Group currently has a fleet of nine
jack-up offshore drilling rigs, three onshore drilling rigs, a
jack-up barge, and a mobile offshore production unit (“MOPU”),
which includes a floating storage and offloading unit.
The Group is the largest offshore drilling operator in Egypt by
number of rigs. www.adesgroup.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170713005395/en/
ADES International HoldingHussein BadawyInvestor
Relations Officerir@adesgroup.com+2 (0)2 2527
7111orInstinctifDavid SimonsonLaura SyrettGeorge
Yeomansades@instinctif.com+44 (0)20 7457 2020
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