{"id":67514,"date":"2025-09-17T05:18:58","date_gmt":"2025-09-17T02:18:58","guid":{"rendered":"https:\/\/www.al-sindbad.net\/ades-makes-improved-offer-for-shelf-drilling\/67514\/"},"modified":"2025-09-17T05:18:58","modified_gmt":"2025-09-17T02:18:58","slug":"ades-makes-improved-offer-for-shelf-drilling","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/ades-makes-improved-offer-for-shelf-drilling\/67514\/","title":{"rendered":"ADES makes improved offer for Shelf Drilling"},"content":{"rendered":"<p><\/p>\n<p>Saudi oil and gas driller ADES has made an improved offer to buy all issued and outstanding shares of Dubai-based Shelf Drilling. ADES and Shelf Drilling agreed on revised terms of the proposed merger whereby the cash consideration is increased to NOK 18.50 ($1.89) per share. This revised cash consideration has received irrevocable pre-commitments, with &#8230;<\/p>\n<\/p>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi oil and gas driller ADES has made an improved offer to buy all issued and outstanding shares of Dubai-based Shelf Drilling. ADES and Shelf Drilling agreed on revised terms of the proposed merger whereby the cash consideration is increased to NOK 18.50 ($1.89) per share. This revised cash consideration has received irrevocable pre-commitments, with &hellip;<\/p>\n","protected":false},"author":1,"featured_media":67515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[14641,1516,2514,5932,175,4297,16219],"class_list":["post-67514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news","tag-ades","tag-drilling","tag-improved","tag-offer","tag-saudi-arabia","tag-shelf","tag-united-arab-emirates"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/67514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=67514"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/67514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/67515"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=67514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=67514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=67514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}