Ades Holding

Energy, Oil & Gas

ASRY completes major rig repair, upgrade projects for Saudi PIF unit

Mon, 05 Jan 2026

Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY) has announced that it has successfully completed a series of major rig repair and upgrade projects for ADES Holding, a major unit of Saudi sovereign wealth fund PIF and a leading provider of jackup rigs to the oil and gas industry.