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Its services include drilling and workover, and mobile offshore production unit production services, as well as accommodation, catering, and . Noble Corp. has completed the sale of four jack-up rigs to a subsidiary of ADES International Holding Ltd. (ADES). Market Value (Jan 1st 2020) 0.552 Billion USD. Press Release - 01-Mar-2021 FINANCIAL SERVICES ADES' USD 325m Bond named 'Corporate Bond Deal of the Year' Innovative Energy is a newly established company, which will be jointly owned by the PIF, Zamil Investments Group and ADES Investments. The company expects to generate approximately US$285 million in cash from the transaction net of fees, expenses, and the settlement of working capital. ADES International Holding plc ("ADES International" or the "Company"), a leading oil and gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that the recommended offer by Innovative Energy Holding Ltd . Currently, ADES Investments owns 63.9% of ADES International Holding, while Zamil Investments owns another 4.9%. The company offers offshore and onshore contract drilling and production services. According to present data ADES International Holding's ADES shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). United Arab Emirates Companies . : CI Initially, the two companies reached an agreement in August . But momentum on its own is no guarantee of future returns. Market Value (Jan-01-2021) 0.410 Billion USD. ADES INTERNATIONAL HOLDING PLC 93XH Analysis - Search stock, chart, recent trades, company information, trading information, company news, fundamentals ADES International Holding plc. ADES INTERNATIONAL HOLDING. Lists Featuring This Company. ADES International Holding PLC 05 May 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. United Arab Emirates Companies . Innovative Energy has made an all-cash offer of $12.5 per share to take the ADES International entity into Saudi ownership. . The company offer services which include offshore and onshore contract drilling, mobile offshore production unit (MOPU), catering and barge-based project services. CI. And the promising news is that it has some of the traits that are often associated with two influential drivers of investment returns: high quality and a relatively cheap valuation. ADES International's delisting assumes Innovative Energy Holding will acquire and take private ADES International. World Rank (Sep-01-2021) 13,681. The Company offers offshore and onshore contract drilling, as well as workover and . ADES INTERNATIONAL HOLDING PLC (the "Company") (incorporated as a public company under the Companies Law - DIFC Law No. Issuer: ADES International Holding PLC. ADES.L. ADES International Holding PLC, formerly ADES International Holding Ltd., is an oil and gas drilling and production services provider in the Middle East and Africa offering offshore drilling, workover and mobile offshore production unit (MOPU) services. Its services include drilling and workover, and mobile offshore production unit production services, as well as accommodation, catering, and . ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and North Africa, offering onshore and offshore contract drilling as well as workover and production services. Offshore drilling company Noble Corporation has wrapped up the sale of four jack-up rigs to a subsidiary of ADES International Holding. ADES International Holding plc ("ADES International" or the "Company"), a leading oil and gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that the recommended offer by Innovative Energy Holding Ltd ("Innovative Energy") has now been declared unconditional in all respects, as detailed in the RNS announcement dated 21 April 2021. The company is part of ADES Investments Holding Ltd. which is the major shareholder in ADES International, a publicly listed company on the London Stock Exchange. These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets. ADES International Holding PLC, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Kuwait, and the Kingdom of Saudi Arabia. To continue reading it, access the original document here. ADES International's delisting assumes Innovative Energy Holding will acquire and take private ADES International. In brief Deep dive Research Latest news Insight Interviews. ADES INTERNATIONAL HOLDING. Chief Executive Officer of ADES International Holding, said: "This transaction adds three offshore . The Company, through its subsidiaries, provides oil and gas drilling, workover, and offshore production services. ADES International Holding is a leading oil and gas drilling and production services provider i n the Middle East and Africa offering offshore drilling, workover and mobile offshore production unit ("MOPU") services. This document comprises a prospectus relating to ADES International Holding Ltd (the "Company") and has been prepared in accordance with the Prospectus Rules of the Financial Conduct Authority (the " FCA") made under section 73A of the Financial Services and Markets Act 2000, as amended (the " FSMA") (the " Prospectus").This Prospectus has Investment holding company ADES Investments, owned by the Abbas and Hussein families, is the largest shareholder in ADES International. 1 | ades international holding ltd. ades international holding ltd. press release this announcement is not being made in, is not directed at and may not be distributed or sent into or otherwise made accessible by persons located in the united states of america, australia, canada, japan or south africa or in any other jurisdiction in which it is .

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