EPIC: | ADES |
Market: | LSE:ADES |
52-week High/Low: | $17.50 / $11.80 |
Sector: | Oil & Gas Equipment & Services |
Market Cap: | $688.96M |
Website: | www.investors.adihgroup.com |

ADES International Holding Ltd
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...
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
Pre-qualifications
Mexico, UAE, Kuwait, India, KSA, Algeria and Egypt
1,200
Workforce
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
Board Member | Year Appointed |
Chairman | |
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 |
Information can be found here
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