ADES Holding Company, part of the ADES Group headquartered in Saudi Arabia, has won a new offshore drilling mission for one of its drilling rigs. Off the coast of Nigeria.
ADES was awarded a one-year fixed contract for her Fourth main corridor Standard crane platform in Nigeria, with an additional 1 year unpriced option. The total backlog for the company’s tenure with Belbop Nigeria is estimated at approximately SAR 180.7 million, equivalent to US$48.2 million.
The 1982-built lift was recently completed Previous work In the region, the contract is currently being prepared. The platform owner explains that operations under the new contract are expected to begin in the third quarter of 2026.
“This award also reinforces ADES’ ability to secure attractive contracts for its fleet across key markets, supporting backlog visibility and continued utilization across the group’s global platform. It also reflects continued strength in demand for offshore loading capacity amid a structurally tight market environment.” The company confirmed.
The Main Pass IV rig, a Friede & Goldman L-780-MOD II design, received its latest upgrade in 2012. With a maximum drilling depth of 25,000 feet, the rig, which can accommodate 922 people, is capable of operating in water depths of up to 300 feet.
A drilling deal follows Long term assignments For three distinct drilling rigs and extending the contract for one drilling unit in the same African country.
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