The Ordinary General Assembly of Maridive & Oil Services has approved the setting up of a AED 1 million company in the UAE.

The wholly owned new company will provide a wide range of marine-related activities, including maintenance, installations, construction, and marine salvage operations, both underwater and above water. It will also provide industrial services for onshore and offshore facilities, such as cleaning, maintenance, construction, transportation, supply, and provisioning of equipment and spare parts.

Founded in 1978, Maridive is an Egyptian offshore and marine services company specialising in providing engineering, diving, and logistical support for the oil and gas industry across the Middle East, North Africa, and beyond.

During the first half of 2025, the company reported a consolidated net profit of $10.89 million, up from $5.14 million during the same period in 2024.