ADES Holding Company has secured a two-year contract through its wholly owned subsidiary Shelf Drilling for the Compact Driller standard jackup with Brunei Shell Petroleum Sdn. Bhd., according to the company’s statement.
The jackup will be deployed for plug and abandonment operations offshore Brunei, with an estimated contract value of approximately SAR 236 million (USD 63 million).
Operations are expected to begin in the fourth quarter of 2026 following contract preparation activities in Singapore, while the rig remains on contract in India until May 2026.
ADES Holding Company is headquartered in Al-Khobar, Saudi Arabia. It operates internationally in the oil and gas drilling services sector across 19 countries and manages a diverse fleet that includes offshore jack-up rigs, an offshore jack-up barge, a mobile offshore production unit, and onshore rigs. The company employs more than 11,500 people and provides drilling and production services to national and international oil companies in multiple regions, including the Middle East, Southeast Asia, India, West Africa, the Mediterranean and the North Sea.
Shelf Drilling is a wholly owned subsidiary of ADES Holding Company. It specializes in offshore drilling operations and has experience delivering plug and abandonment services in Southeast Asia.
