News
02 August 2019

ADES raises $80m against onshore rigs

In:
Oil & gas
Region:
Middle East & Africa

Oil and gas drilling and production services provider ADES International Holding has raised an SAR800 million ($213 million) seven-year loan from National Commercial Bank. The facility has been secured against ADES 13 & 14 - the borrower's recently built onshore rigs for Saudi Arabia - and...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
07 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...

Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....