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ADES forms joint venture with Vantage Drilling
International to provide deepwater drilling services in Egypt

ADES International Holding Ltd, the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES SAE has entered into a long-term joint venture agreement with a subsidiary of Vantage Drilling International.

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Global oil, gas and petrochemical leaders discuss evolving energy landscape at Abu Dhabi CEO Roundtable

26 of the world’s leading oil and gas industry leaders gathered in Abu Dhabi on November 12th to discuss the evolving energy landscape amid shifting dynamics of supply and demand, at the second Abu Dhabi CEO Roundtable.

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Aker BP forms two separate drilling
and well alliances

Aker BP ASA (Aker BP) has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for jack-ups, and one with Odfjell Drilling and Halliburton for semi-submersibles.

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INEOS completes the acquisition of the North Sea Forties Pipeline System and Kinneil Terminal
from BP

INEOS has acquired the Forties Pipeline System (FPS) and associated pipelines and facilities from BP. The 235 mile pipeline system links 85 North Sea oil and gas assets to the UK mainland and the INEOS site in Grangemouth, Scotland, delivering almost 40% of the UK’s North Sea oil and gas production.

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