The project is worth $151m and will be delivered by March 2016, according to Investors Relations Manager at Maridive Adel Al-Zomor. Maridive is an offshore marine and oil support services provider.
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The company will complete the $151m Petrofac project in the Emirates for ADMA-OPCO in the first quarter of 2016
MOIL Egypt facing a tough fiscal position, losses $22.7 millions in the first half of 2012
CAIRO: Egypt’s Maridive and Oil Services reported a 14 percent slide in net profit to $44.5 million for the first nine months of 2011 compared to the same period a year earlier, the bourse said in a statement on Monday. The biggest oil services company by fleet size in the Middle East reported net profit …
CAIRO: Egypt’s Maridive and Oil Services posted a 37 percent increase in first-half profit and analysts said it had secured more construction contracts than in the same period of 2010. The biggest oil services firm by fleet size in the Middle East said earnings before minority interests were $36.2 million, up from $26.4 million a …