{"id":10117,"date":"2024-03-14T14:23:50","date_gmt":"2024-03-14T14:23:50","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10117"},"modified":"2024-03-14T14:23:50","modified_gmt":"2024-03-14T14:23:50","slug":"saudis-ades-eyes-potential-growth-in-india-southeast-asia","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10117\/","title":{"rendered":"Saudi\u2019s ADES eyes potential growth in India, Southeast Asia"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Saudi -listed ADES Holding Company said a vacuum in attractive markets such as India and Southeast Asia could largely offset potential excess supply in Saudi Arabia.<\/p>\n<p data-reader-unique-id=\"2\">\u201cThe migration of assets into the Middle East in recent years has created a vacuum in several attractive markets, including Southeast Asia,\u201d CEO Mohamed Farouk said in the company\u2019s 2023 financial statement.<\/p>\n<p data-reader-unique-id=\"3\">\u201cThe group is already growing its presence there with recent awards in India and Indonesia. These trends, in addition to the anticipated demand from the GCC, should to a large extent offset potential excess in supply in Saudi Arabia following the recent developments,\u201d he added.<\/p>\n<p data-reader-unique-id=\"5\">The current market dynamics point to tightness, with offshore jack-up utilisation rates reaching 95 percent and limited new-build activity.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2024-03-14T14:23:50+00:00\"> 14 March 2024<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Saudi -listed ADES Holding Company said a vacuum in attractive markets such as India and Southeast Asia could largely offset potential excess supply in Saudi Arabia.\r\n","protected":false},"author":1,"featured_media":10118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,46,36,19,16,35],"tags":[],"services":[],"class_list":["post-10117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-international","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/10117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=10117"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/10117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/10118"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=10117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=10117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=10117"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=10117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}