{"id":637472,"date":"2017-11-16T03:59:27","date_gmt":"2017-11-16T03:59:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/"},"modified":"2017-11-16T03:59:27","modified_gmt":"2017-11-16T03:59:27","slug":"ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/","title":{"rendered":"ADES to form JV with Vantage Drilling to offer deepwater drilling services"},"content":{"rendered":"<p>LSE-listed oil and gas services firm ADES is forming a joint venture with a subsidiary of Vantage Drilling International to provide deepwater drilling services in Egypt\u2019s Mediterranean basin, <a href=\"http:\/\/www.worldoil.com\/news\/2017\/11\/15\/ades-vantage-drilling-form-jv-to-provide-deepwater-drilling-services-in-egypt\">World Oil reports<\/a>. \u201cThe JV will operate Vantage\u2019s deepwater drilling units in Egyptian waters on a bareboat charter agreement basis and discussions are underway with regional operators as the JV aims to capture opportunities amid significant discoveries and prospective drilling programs in Egypt\u2019s Mediterranean basin.\u201d ADES will be granted exclusive marketing rights within Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LSE-listed oil and gas services firm ADES is forming a joint venture with a subsidiary of Vantage Drilling International to provide deepwater drilling services in Egypt\u2019s Mediterranean basin, World Oil reports. \u201cThe JV will operate Vantage\u2019s deepwater drilling units in Egyptian waters on a bareboat charter agreement basis and discussions are underway with regional operators [&hellip;]<\/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":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637472","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"27208b9f-3f08-42fe-9701-250754c16403","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637449],"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 to form JV with Vantage Drilling to offer deepwater drilling services - 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\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADES to form JV with Vantage Drilling to offer deepwater drilling services\" \/>\n<meta property=\"og:description\" content=\"LSE-listed oil and gas services firm ADES is forming a joint venture with a subsidiary of Vantage Drilling International to provide deepwater drilling services in Egypt\u2019s Mediterranean basin, World Oil reports. \u201cThe JV will operate Vantage\u2019s deepwater drilling units in Egyptian waters on a bareboat charter agreement basis and discussions are underway with regional operators [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-16T03:59:27+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\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ADES to form JV with Vantage Drilling to offer deepwater drilling services\",\"datePublished\":\"2017-11-16T03:59:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\",\"name\":\"ADES to form JV with Vantage Drilling to offer deepwater drilling services - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-16T03:59:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ADES to form JV with Vantage Drilling to offer deepwater drilling services\"}]},{\"@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 to form JV with Vantage Drilling to offer deepwater drilling services - 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\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/","og_locale":"en_US","og_type":"article","og_title":"ADES to form JV with Vantage Drilling to offer deepwater drilling services","og_description":"LSE-listed oil and gas services firm ADES is forming a joint venture with a subsidiary of Vantage Drilling International to provide deepwater drilling services in Egypt\u2019s Mediterranean basin, World Oil reports. \u201cThe JV will operate Vantage\u2019s deepwater drilling units in Egyptian waters on a bareboat charter agreement basis and discussions are underway with regional operators [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-11-16T03:59:27+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ADES to form JV with Vantage Drilling to offer deepwater drilling services","datePublished":"2017-11-16T03:59:27+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/"},"wordCount":97,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/","name":"ADES to form JV with Vantage Drilling to offer deepwater drilling services - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-11-16T03:59:27+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/ades-to-form-jv-with-vantage-drilling-to-offer-deepwater-drilling-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"ADES to form JV with Vantage Drilling to offer deepwater drilling services"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593875,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/ades-wins-second-deepwater-drilling-contract-in-egypt\/","url_meta":{"origin":637472,"position":0},"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":601773,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/ades-holding-vantage-sign-egypt-drilling-service-contract-with-dana-gas\/","url_meta":{"origin":637472,"position":1},"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":644826,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/ades-international-holding-awarded-drilling-contracts-in-egypt\/","url_meta":{"origin":637472,"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":571857,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/edison-drills-gas-well-in-east-mediterranean\/","url_meta":{"origin":637472,"position":3},"title":"Edison drills gas well in East Mediterranean","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"Italy\u2019s Edison has completed drilling a 5670.5 meter gas well at its North Theqa concession in the East Mediterranean, according to Amwal Al Ghad. The company had contracted Maersk Drilling for a deepwater semi-submersible drilling rig to drill an exploration well in the gas field last year.","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":561043,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/23\/shell-inks-two-offshore-agreements-with-egypt-shifting-focus-to-marine-production\/","url_meta":{"origin":637472,"position":4},"title":"Shell inks two offshore agreements with Egypt, shifting focus to marine production","author":"enterpriseam admin","date":"23 March 2021","format":false,"excerpt":"Shell has signed two new oil and gas exploration agreements with the Oil Ministry in the Herodotus Basin deepwater sector off Egypt\u2019s western Mediterranean coastline, the Dutch company\u2019s Egypt office said in a press release (pdf). Shell acquired 67% of the 6.8k sqm North Marina and North Cleopatra concessions through\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\/2021\/3\/286.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637187,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/bp-to-launch-production-at-atoll-field-by-years-end\/","url_meta":{"origin":637472,"position":5},"title":"BP to launch production at Atoll field by year\u2019s end","author":"enterpriseam admin","date":"9 November 2017","format":false,"excerpt":"BP will launch production at the USD 3.8 bn Atoll field in the North Damietta concession ahead of schedule by the end of the year, said Hassan Abady, Chairman BP JV Pharaonic Oil Company, Al Ahram reports. Development of the field is 93% complete, including the drilling of three deepwater\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=637472"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637472\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637449"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637472"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637472"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}