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Addis Signs Offshore Drilling Contracts in UK and Nigeria Worth Over 858 Million Riyals

Addis Signs Offshore Drilling Contracts in UK and Nigeria Worth Over 858 Million Riyals

Addis Holding Company announced the signing of two contracts for offshore drilling services in the UK and Nigeria, with a total value exceeding 858 million SAR. The aim is to strengthen its long-term activities and expand its fleet operations. The first contract involves drilling two wells over 550 days in the North Sea using the "Shelf Drilling Fortress" rig, while the second focuses on the "Shelf Drilling Odyssey" rig in Nigeria for a two-year period, with options for extension after the contract ends.

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