{"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) - 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Advantage, a joint venture between ADES and Vantage Drilling International, will drill the Nigma 1 well over 73 days on a profit-sharing basis. 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