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Oil Capital
Market: LSE
52-week High/Low: $17.50 / $11.84
Sector: Oil & Gas Equipment & Services
Market Cap: $590.84M

ADES International Holding (ADES on the LSE) is a leading oil and gas drilling and production services provider in the Middle East and Africa offering offshore and onshore contract drilling as well as workover and mobile offshore production unit (“MOPU”) services. From its base in Egypt, ADES International Holding leverages its low-cost structure and highly skilled workforce of over 1,200...

ADES International Holding Ltd

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Big picture - Why invest in ADES International Holding Ltd

ADES International Holding Ltd Snapshot

ADES International Holding offers investors an opportunity to capitalize on the oil and gas industry through a differentiated, low-cost business model that has proven resilient in the face of oil market cycles. By specializing in low-price acquisition and operation of legacy “fit-for-purpose” offshore assets, ADES International Holding is able to deliver profitability at lower prices than its competitors. The success of the company’s strategy is in large part driven by its highly skilled, low-cost, largely Egyptian workforce that is backed by an in-house refurbishment and maintenance team with significant technical and engineering capabilities. These factors have allowed the company to deliver work with lower capital and operating expenditures than many of its industry peers and competitors, in-turn facilitating growth through market downturns.

High Quality Clientele Base

ENI, BP and Saudi Aramco


Mexico, UAE, Kuwait, India, KSA, Algeria and Egypt



In-house Refurbishment

of acquired assets with own technical and engineering teams

High Average Utilization Rates

of more than 90%

Focus on Shallow Water

and Non-Harsh Environments

Strong Management Team

with decades of experience under their belt


ADES Group currently operates a fleet of nine jack-up offshore drilling rigs, three onshore drilling rigs, a jack-up barge, and a mobile offshore production unit (“MOPU”), which includes a floating storage and offloading unit.



Onshore Drilling Rigs


Offshore Drilling Rigs


Mobile Offshore Production Unit (MOPU)


Jack-up Barge


Board Member Year Appointed
Mr. Ayman Mamdouh Abbas 2016
Executive Directors  
Dr Mohamed Farouk Abdelkhalek 2016
Non-Executive Directors  
Mohamed Walid Cherif 2017
Nabil Kassem 2017
Yasser Hashem 2017
Ulf Henriksson 2017


Hussein Badawy
Investor Relations Officer
+(202) 2527-7111
[email protected]

PR/Media Contact
David Simonson
Instinctif Partners
+(44) 20745-7202
65 Gresham Street London, EC2V 7NQ

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