ADES wins contracts from ONGC for two jackup rigs in India

Oil and gas drilling services provider ADES has been awarded contracts by India’s state-controlled oil and gas company Oil and Natural Gas Corporation (ONGC) to provide two standard jackup rigs in India.

The agreements, covering the rigs Key Singapore and Admarine 10, span a firm period of three years each.

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The total value of these contracts, including mobilisation fees, amounts to approximately SR439.6m ($117.2m).

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