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Friday, December 13, 2019 20:46 GMT
Baker Hughes Co. has awarded ADES International Holding PLC a pair of deep drilling contracts under a lump sum turnkey project (LSTK) project in Kuwait, ADES reported Monday. “We are extremely pleased to secure our first onshore deep drilling LSTK contract with Baker Hughes,” Mohamed Farouk, CEO of ADES, commented in a written statement emailed to Rigzone. The contracts apply to ADES 180 and 878 rigs, and each contract includes a primary term of two years firm and an option to extend for...More