Egypt’s Maridive & Oil wins $23mln Contract in UAE

Maridive & Oil Services Company (MOIL) has won new contract worth US$23 million in United Arab Emirates to rent naval unit for five years starting from August 2015, the company revealed Thursday.

The company stated in a release that it extended rent contract of naval unit for two years to offer various navigation services for one of its customers in Egypt worth US$7 million.

The total contracts signed from 2015 till 2019 by Maridive Company amounting to US$692 million, the company said.

Source: EGX