<p>Saudi oil and gas driller ADES has completed its acquisition of Saipem’s Saudi shallow-water drilling business. The two entered into the transaction in late June. Under the deal, ADES’s indirectly owned subsidiary, ADES Saudi Limited, acquired Saudi Arabian Saipem Limited for a total purchase consideration of $285m. Saudi Arabian Saipem Limited owns a fleet of …</p> </p><p><p>https://splash247.com/ades-wraps-up-purchase-of-saipems-saudi-drilling-business/</p></p>
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