ADES Holding Company Company Description
ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and other regions.
Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and a mobile offshore production unit, as well as accommodation, catering, and other barge-based support services.
Its onshore services include drilling and work over services, projects services, and repair and maintenance services.
The company also engages in rig leasing, HR service, trading, training, and transportation equipment leasing activities.
The company was founded in 2022 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
| Country | Saudi Arabia |
| Founded | 2022 |
| Industry | Oil & Gas Drilling |
| Sector | Energy |
| Employees | 5,275 |
| CEO | Mohamed Farouk Mohamed Abdul Abdul 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 Mohamed Abdul Abdul Khaleq | Chief Executive Officer |
| Hussein Mohammed Abdul Salam Badawy | Chief Financial Officer |
| Montaser Mohamed Samy Naguib | Chief Operating Officer |