QatarEnergy and TotalEnergies Extend Drilling Rig Contract in Four-Year Deal
ADES Holding Company secured a four-year extension for its Sapphire Driller jack-up rig with Qatar’s North Oil Company, worth an estimated $217.6 million, reflecting tightening demand for premium rigs in the Gulf. The deal highlights ADES’s strategic expansion in the Middle East, including recent rig acquisitions and planned entry into Nigeria.
Read More