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.
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 |