Rigs and Vessels

Oslo-listed driller's share price leaps 58% as Middle East player plans takeover

Saudi Arabia's ADES agrees to acquire Shelf Drilling in $379.3 million deal

Shelf Drilling chief executive Greg O’Brien.
Shelf Drilling chief executive Greg O’Brien.Photo: SHELF DRILLING
Middle East and South Asia EditorNew Delhi
Published 5 August 2025, 08:06Updated 5 August 2025, 08:06
Shelf DrillingSaudi ArabiaGreg O’BrienADESNorway