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...

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