ADES Holding Company (TADAWUL: 2382)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
18.02
+0.38 (2.15%)
Dec 3, 2024, 3:19 PM AST

ADES Holding Company Company Description

ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production facilities in Egypt, Algeria, Kuwait, Tunisia, Qatar, India, and the Kingdom of Saudi Arabia.

Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and mobile offshore production unit production services, as well as accommodation, catering, and other barge-based support services.

Its onshore services include drilling and work over services, projects services, as well as repair and maintenance services.

The company also engages in operating and leasing of rigs, trading, training, leasing of transportation equipment, and oil and gas projects investment activities.

The company was incorporated in 2022 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

ADES Holding Company
Country Saudi Arabia
Founded 2016
Industry Oil & Gas Drilling
Sector Energy
Employees 5,275
CEO Mohamed Farouk Md. Abdul Majeed Khaleq

Contact Details

Address:
Al Zamil House
Al Khobar, 2203
Saudi Arabia
Phone 966 138499904
Website adesgroup.com

Stock Details

Ticker Symbol 2382
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA55SG6H5716
SIC Code 1381

Key Executives

Name Position
Mohamed Farouk Md. Abdul Majeed Khaleq Chief Executive Officer
Hussein Mohammed Abdul Salam Badawy Chief Financial Officer
Mohamed Khalil Chief Operating Officer