ADES bags $117m ONGC drilling contracts for jackup duo

Saudi offshore drilling contractor ADES has secured two three-year contracts from India's Oil and Natural Gas Corporation (ONGC) worth a combined SAR439.6m ($117.2m). The awards cover the standard jackup rigs Key Singapore and Admarine 10, with each unit securing a firm three-year drilling assignment in Indian waters. ADES said the contract value includes mobilisation fees…