ADES Holding Company

IPO

Drilling for Value

Public · Al Khobar · Founded 2022

Headquarters
Al Khobar
Employees
5001–10000
Founded
2022
Business Model
B2B
Type
Public

About

ADES Holding Company, headquartered in Al Khobar in the Kingdom of Saudi Arabia, is a world-leading international drilling services provider and Saudi Arabia's national leader in offshore drilling. The Group operates a fleet of 90 assets across thirteen countries, including 40 onshore drilling rigs, 48 jackup offshore drilling rigs, one jackup barge, and one mobile offshore production unit, employing more than 8,000 people. ADES is the largest jack-up rig operator for Saudi Aramco and serves major national oil companies across the MENA region.

Summary

ADES Holding Company is an Oil & Gas company based in Al Khobar, founded in 2022.

Tech & App Stack

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Exit History

IPOOct 2023
$1.2B

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