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Egypt: ADES receives notification of extension for three offshore jackups in Egypt


09 Apr 2025

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ADES has received notifications of extension for three of its offshore jackup rigs operating in Egypt.

The extensions cover three contracted rigs with the General Petroleum Company (GPC): Admarine III and Admarine VI, which have been extended for a firm one-year period with an optional one-year extension expected to commence over the course of 2025 and 2026 upon expiry of their current contracts; and Admarine V, which has been extended for a firm three-year period with an optional one-year extension and is effective immediately.

Original announcement link

Source: ADES





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