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Miras Legal Advises ADES International Holding PLC on the Acquisition of Weatherford International’s Oil Rigs for USD 287.5 Million

Miras Legal

Miras Legal acted as a legal advisor to ADES International Holding PLC, an oil & gas drilling and production services provider in the MENA region, in its acquisition of onshore drilling rigs from a subsidiary of Weatherford International PLC for a total consideration of USD 287.5 million across Kuwait, Saudi Arabia, Algeria and Southern Iraq.

The firm carried out the legal research in relation to the Kuwaiti-jurisdiction part of the transaction and provided relevant legal advice in such regard.