ADES Holding Co. completed the acquisition of Shelf Drilling, Ltd. through a cash merger. In a statement to Tadawul, the company said there is no change to the cost associated for the cash ...

Saudi Arabia-based ADES International Holding raised its offer for the purchase of Dubai-based Shelf Drilling to $1.88 a share in September, representing a 6% increase in the acquisition’s value ...

Saudi Arabia’s oil drilling giant ADES Holding Company has received 99.6% shareholder approval for its merger with Norwegian rival Shelf Drilling. The Tadawul-listed ADES said the approval from Shelf ...

The transaction is expected to close in Q4 2025, subject to shareholder approval at an extraordinary general meeting and other regulatory conditions. Image: Shutterstock Saudi-based oil and gas ...

Saudi rig group ADES to buy Norway rival Shelf in $380 mln deal Saudi Arabian oil drilling group ADES International Holding has agreed to buy Oslo-listed rival Shelf Drilling for 3.9 billion Norwegian ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The connection here is British composer Thomas Adès. From the autumn of 2023 he spent two seasons as ...

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing. The ...

CLEVELAND, Ohio — Thomas Adès is obsessed with sound color, as he vividly demonstrated with the assistance of the unflappable Cleveland Orchestra and Chorus (expertly prepared by Lisa Wong) in his ...

Donations to his memory may be made to his Cardiac Rehabilitation Program and to Home Health and Hospice. Both sites can be located on the UVMMC website. A Memorial Service to honor Phil will be held ...

The sale includes the Topaz Driller jackup rig, operating in the Malaysia-Thailand Joint Development Area, and the Soehanah jackup rig, owned by Rig Finance Ltd. (RFL), which operates in Indonesia.

The last time I spoke to Thomas Adès was on a dark and wintry day in central London. The composer, whose work has graced the stages of the Royal Opera House in London and the Met in New York, arrived ...