Maridive & Oil Services | Egypt Oil & Gas

Maridive Net Profit Surges 346% in H1 2026

Maridive & Oil Services’ net profit surged 346% year-on-year (YoY) to $48.61 million in the first half (H1) of 2026, supported by higher revenue and gross profit, according to the company’s unaudited consolidated ...

Maridive Returns to Black in Q1 2025 on Higher Revenues, Leaner Cost Base

Maridive & Oil Services reported a profit in the first quarter (Q1) of 2026, supported by higher revenues and lower costs. According to the unaudited standalone financial results approved by the Board of Directors...

Maridive Achieves Strong Financial Turnaround with 171% Net Profit Growth

Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025  compared to 2024, to reach  $59.3 million. Revenues during the same period climbed 21% to $254.3 million. Gross profit rose 2...

EGX Penalizes Maridive and AMOC for Listing Rule Violations

The Egyptian Exchange’s (EGX) Listing Committee, at its meeting on September 3, decided to impose a financial penalty of EGP 5,000 on Maridive and Oil Services Company (MOIL), to be paid within 15 days from the ...

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