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ADES Extends Admarine II Contract in Egypt

Source: www.gulfoilandgas.com 1/14/2019, Location: Africa

ADES International Holding Ltd. (ADES), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has successfully exercised the one-year extension option for its existing contract for Admarine II.

The one year contract extension of Admarine II, which is currently contracted and operating in the Gulf of Suez, comes into effect upon expiry of its existing contract during January 2019.

Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holding, commented: "Egypt remains an important market for ADES and we are delighted to have once again proven the quality of our services as we continue working with this longstanding client."

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