ADES International Holding Ltd., an Egypt-based oil and gas drilling company, has appointed specialist bank, asset management and investment counseling firm Investec PLC as the firm’s corporate broker.
Investec delivers financial products and services to markets in the United Kingdom, South Africa and Australia. It maintains global headquarters in London as well as offices in Ireland and South Africa.
ADES provides both onshore and offshore services in the Middle East and in Africa through contract drilling projects along with workover and mobile offshore production unit (“MOPU”) work.
With its well-trained workforce of more than 1,200 employees, ADES strives to maintain its reputation of high quality and efficiency. ADES is Egypt’s largest offshore driller based on number of rigs; as of mid-2017, the firm’s fleet includes nine self-elevating (jack-up) rigs, three onshore drilling rigs, one jack-up barge and one MOPU that includes floating storage and offloading capability.
ADES International Holding Ltd. is listed on the London stock exchange and is pre-qualified in numerous markets including Egypt, Saudi Arabia, Algeria, India, Mexico and the Saudi-Kuwaiti neutral zone. The company assists its international gas and oil clients, in obtaining optimum value for their commodities.