{"id":599332,"date":"2019-06-25T04:00:06","date_gmt":"2019-06-25T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/"},"modified":"2019-06-25T04:00:06","modified_gmt":"2019-06-25T04:00:06","slug":"ades-international-signs-two-year-contract-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/","title":{"rendered":"Ades International signs two-year contract in Egypt"},"content":{"rendered":"<p>Oil and gas company Ades International has secured a new two-year contract with an unnamed Egyptian energy company for its Admarine IV jackup rig in Egypt, <a href=\"http:\/\/www.morningstar.co.uk\/IntroPage.aspx?site=uk&backurl=https%3A%2F%2Fwww.morningstar.co.uk%2Fuk%2Fnews%2FAN_1561373233746189200%2Fades-international-signs-new-egypt-contract-gains-algeria-extension.aspx\">Morning Star reports<\/a>. The contract is an initial one-year term, with a one-year extension option.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and gas company Ades International has secured a new two-year contract with an unnamed Egyptian energy company for its Admarine IV jackup rig in Egypt, Morning Star reports. The contract is an initial one-year term, with a one-year extension option.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[535,93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599332","post","type-post","status-publish","format-standard","hentry","category-energy","tag-algeria","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"08b9dc7f-c228-4328-a89d-a6e3b652a586","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599308],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ades International signs two-year contract in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ades International signs two-year contract in Egypt\" \/>\n<meta property=\"og:description\" content=\"Oil and gas company Ades International has secured a new two-year contract with an unnamed Egyptian energy company for its Admarine IV jackup rig in Egypt, Morning Star reports. The contract is an initial one-year term, with a one-year extension option.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-25T04:00:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ades International signs two-year contract in Egypt\",\"datePublished\":\"2019-06-25T04:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\"},\"wordCount\":48,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Algeria\",\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\",\"name\":\"Ades International signs two-year contract in Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-06-25T04:00:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ades International signs two-year contract in Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ades International signs two-year contract in Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/ades-international-signs-two-year-contract-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Ades International signs two-year contract in Egypt","og_description":"Oil and gas company Ades International has secured a new two-year contract with an unnamed Egyptian energy company for its Admarine IV jackup rig in Egypt, Morning Star reports. 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The contract is for an initial two-year period with an option to extend that for another two years. \u201cADMARINE III was originally leased out to GPC back in 2012\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593875,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/ades-wins-second-deepwater-drilling-contract-in-egypt\/","url_meta":{"origin":599332,"position":1},"title":"ADES wins second deepwater drilling contract in Egypt","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"ADES SAE has signed a second deepwater drilling contract in Egypt\u2019s Mediterranean waters with an unnamed international oil company, the company said in a statement. Advantage, a joint venture between ADES and Vantage Drilling International, will drill the Nigma 1 well over 73 days on a profit-sharing basis. The company\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644826,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/ades-international-holding-awarded-drilling-contracts-in-egypt\/","url_meta":{"origin":599332,"position":2},"title":"ADES International Holding awarded drilling contracts in Egypt","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Eni and EGPC JV Belayim Petroleum Company (Petrobel) awarded ADES International Holding the contract for a three-month drilling campaign in an offshore concession in Egypt, Alliance News reports. Petrobel also agreed to renew ADES\u2019 existing contract for an offshore jack-up drill rig for another six months, with the possibility of\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601773,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/ades-holding-vantage-sign-egypt-drilling-service-contract-with-dana-gas\/","url_meta":{"origin":599332,"position":3},"title":"ADES Holding, Vantage sign Egypt drilling service contract with Dana Gas","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"Dana Gas has signed an exploration agreement with ADES International Holding and Vantage Drilling International JV, ADVantage, to perform deep water drilling services for one well in the Mediterranean Sea, Offshore Magazine reports.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634368,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/ades-extends-three-major-rig-contracts-in-the-gulf-of-suez\/","url_meta":{"origin":599332,"position":4},"title":"ADES extends three major rig contracts in the Gulf of Suez","author":"enterpriseam admin","date":"14 January 2018","format":false,"excerpt":"LSE-listed ADES International Holding announced successfully extending rig contracts in the Gulf of Suez area. ADES extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI. BP\u2019s joint venture GUPCO extended its existing contract for ADES' Admarine II jack-up barge and jack-up rig Admarine\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":611940,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/14\/ades-holding-handed-10-year-contract-to-operate-suez-brownfields-plus-beltone-mortgage-majid-al-futtaim-sky-investments-egbank\/","url_meta":{"origin":599332,"position":5},"title":"ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank","author":"enterpriseam admin","date":"14 December 2023","format":false,"excerpt":"ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year contract to operate and ramp up oil production at maturing fields operate by Suez Oil Company and Offshore Shukeir Oil Company. 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