<p>Saudi oil and gas driller ADES has made a NOK 3.9bn ($380m) offer to buy all issued and outstanding shares of Dubai-based Shelf Drilling. The two parties signed an agreement for a recommended offer, under which ADES will acquire the Shelf through a cash merger. It will be financed through ADES’s available credit facility. At &#8230;</p> </p><p><p>https://splash247.com/ades-to-acquire-shelf-drilling-in-380m-deal/</p></p>