|29 July, 2019

Egypt's Maridive and Oil Services unit wins India order

Maridive’s backlog for the period 2019-2021 now stands at $410mln

A unit of Egypt's Maridive and Oil Services has signed a new construction contract worth $160 million in India, it has been revealed.

Maridive's Valentine Maritime will deliver engineering, procurement, installation, and commissioning services for several pipelines on a turnkey basis, according to a statement to the Egyptian Exchange (EGX) said a Mubasher report.
 
“With this contract secured, Maridive’s backlog for the period 2019-2021 now stands at $410 million,” the statement added.

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