{"id":15145,"date":"2025-07-03T09:04:49","date_gmt":"2025-07-03T09:04:49","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15145"},"modified":"2025-07-03T12:03:25","modified_gmt":"2025-07-03T12:03:25","slug":"cameroon-ades-holding-announces-contract-award-with-addax-petroleum","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/cameroon-ades-holding-announces-contract-award-with-addax-petroleum\/","title":{"rendered":"CAMEROON: Ades Holding Announces Contract Award with Addax Petroleum"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ADES Holding announces that it has been awarded a new contract for the use of Admarine 510 in Cameroon, marking ADES\u2019 entry into its 13th country of operations and continuation of Company\u2019s expansion across the high-potential West African market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The contract has been awarded by Addax Petroleum Cameroon Company S.A., part of Sinopec Group, a major national oil company (NOC). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A one-year firm contract, commencing in Q4 2025, with two optional six-month extensions at mutually agreed rates, for a potential total duration of up to two years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The contract value is approximately SAR 128.9 million associated with the one year firm period, including mobilization and demobilization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADES Holding announces that it has been awarded a new contract for the use of Admarine 510 in Cameroon, marking ADES\u2019 entry into its 13th country of operations and continuation &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/cameroon-ades-holding-announces-contract-award-with-addax-petroleum\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":15070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[8215,11542,12087],"class_list":["post-15145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-addax-petroleum","tag-ades-holding","tag-sinopec-group","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/Admarine-510-2.jpg?fit=1002%2C1503&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Wh","jetpack-related-posts":[{"id":15067,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cameroon-ades-holding-announces-rig-contract-award-with-sinopecc\/","url_meta":{"origin":15145,"position":0},"title":"CAMEROON: Ades Holding Announces Rig Contract Award with Sinopec","author":"","date":"June 9, 2025","format":false,"excerpt":"ADES Holding co. announce that it has been awarded a new contract for the use of Admarine 510 in Cameroon, marking ADES\u2019 entry into its 13th country of operations and continuation of Company\u2019s expansion across the high-potential West African market. The contract has been awarded by Addax Petroleum Cameroon Company\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/Admarine-510-2.jpg?fit=800%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/Admarine-510-2.jpg?fit=800%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/Admarine-510-2.jpg?fit=800%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/06\/Admarine-510-2.jpg?fit=800%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8877,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-bw-offshore-kidnapped-employees-released\/","url_meta":{"origin":15145,"position":1},"title":"NIGERIA: BW Offshore Kidnapped Employees Released","author":"","date":"August 17, 2020","format":false,"excerpt":"BW Offshore Limited a global owner and operator of floating production storage and offloading vessels has reported that nine of its\u00a0 offshore employees\u00a0 that had earlier been reported kidnapped from the FPSO Sendje Berge on 2 July 2020 have been safely released. The nine were kidnapped on 2 July 2020,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14307,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ades-holding-company-secures-new-award\/","url_meta":{"origin":15145,"position":2},"title":"EGYPT: ADES Holding Company Secures New Award","author":"","date":"May 6, 2024","format":false,"excerpt":"ADES Holding Company has announce that it has received a Direct Award of Contract (DAC) from Suez Oil Company (SUCO) in Egypt for a 21-Month jackup drilling contract in the Gulf of Suez, expected to commence in the coming weeks.The new award come on the heels of Group\u2019s recently awarded\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/ADES-GROUP.webp?fit=900%2C462&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/ADES-GROUP.webp?fit=900%2C462&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/ADES-GROUP.webp?fit=900%2C462&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/05\/ADES-GROUP.webp?fit=900%2C462&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12794,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-bw-offshore-extends-contract-for-sendje-berge\/","url_meta":{"origin":15145,"position":3},"title":"NIGERIA: BW Offshore Extends Contract for Sendje Berge","author":"","date":"November 7, 2022","format":false,"excerpt":"BW Offshore has signed an agreement with Addax Petroleum Exploration (Nigeria) Limited for a six-month extension for the lease and operation of Sendje Berge. The firm period has been extended to Q2 2023.","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Sendje-Berge.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11113,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-bw-offshore-signs-contract-extension-for-sendje-berge-fpso\/","url_meta":{"origin":15145,"position":4},"title":"NIGERIA: BW Offshore signs contract extension for Sendje Berge FPSO","author":"","date":"November 10, 2021","format":false,"excerpt":"BW Offshore has signed an agreement with Addax Petroleum Exploration (Nigeria) Ltd, for a one-year extension for the lease and operation of the FPSO Sendje Berge. The firm period has been extended to Q4 2022. Addax Petroleum\u2019s producing assets include 11 field complexes with around 80 production wells in concession\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Nigeria-Sendje-Berge.gif?fit=1200%2C821&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Nigeria-Sendje-Berge.gif?fit=1200%2C821&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Nigeria-Sendje-Berge.gif?fit=1200%2C821&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Nigeria-Sendje-Berge.gif?fit=1200%2C821&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Nigeria-Sendje-Berge.gif?fit=1200%2C821&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":10184,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-dpr-revokes-4-oil-mining-licenses-oml-belonging-to-addax-petroleum\/","url_meta":{"origin":15145,"position":5},"title":"NIGERIA: DPR Revokes 4 Oil Mining Licenses (OML) belonging to Addax Petroleum","author":"","date":"April 8, 2021","format":false,"excerpt":"Addax Petroleum's\u00a0 has had four Oil Mining Licenses (OML) revoked\u00a0 due to the non-development of the assets by the petroleum company according to the Department of Petroleum Resources (DPR). According to the departments Chief Executive Officer Sarki Auwa over 50 per cent of the assets had remained underdeveloped including OML\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Addax-Petroleum.jpg?fit=750%2C513&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Addax-Petroleum.jpg?fit=750%2C513&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Addax-Petroleum.jpg?fit=750%2C513&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Addax-Petroleum.jpg?fit=750%2C513&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15145"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15145\/revisions"}],"predecessor-version":[{"id":15146,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15145\/revisions\/15146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/15070"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}