02:09 AM EDT, 10/27/2026 (MT Newswires) -- Ades Holding (SASE:2382) secured a contract worth $46.2 million with PT Pertamina Hulu Mahakam for offshore drilling services in Indonesia. The Saudi-listed drilling services company said Monday the contract covers the deployment of the Shelf Drilling Perseverance jack-up rig. It covers a firm period of 406 days, with an additional 30-day option. Operations are expected to begin around the end of December.

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