Maridive | Egypt Oil & Gas

Maridive Reports 11% hike in H1 2026 Standalone Operating Revenue

Maridive & Oil Services’ standalone operating revenues rose 11% year-on-year (YoY) to $43.09 million in the first half  (H1) of 2026, according to an unaudited disclosure filed with the Egyptian Exchange (EG...

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 Mulls Expansion into Oil Production, Field Development

Karim Badawi, the Minister of Petroleum and Mineral Resources, met with a delegation from the Egyptian oil services company, Maridive,  to discuss its new investment plan for expanding the scope of its activities in E...

Maridive Participates in Salvaging the Ever Given Container Carrier in Suez Canal

Maridive and Oil Services Company takes pride in its contribution to refloat the giant Panamanian container carrier (Ever Given) that was grounded in the Suez Canal, blocking the channel on Tuesday, March 23rd, 2021. ...

Maridive Sells $37 MM Stake to Najjad Zeenni

Maridive board of directors have agreed to sell a $37 million stake to UAE-based investor, Najjad Zeeni, who will be owning a 12.8% of the company, Egypt Oil & Gas reports. Zeenni who is Chairman, CEO and a 25%-Sh...

Maridive Operates 47 Vessels

Maridive Group’s fleet reached 47 operated vessels by the end of last year, Egypt Oil & Gas reports. Vessels include 24 anchor handling tug supply vessels (AHTs), 24 offshore support vessels (OSV), 16 complementar...

Maridive Profit Increases by 24.4% in 9 Months

Maridive Group’s total financial statements revealed that the company’s profit increased by 24.4% during the first nine months of 2018, compared to the previous year, according to Mubasher. The companyR...

Maridive Vessel Joins Eni Fleet in Tunisia

The Maridive Tunisia 1 crew boat has started to work with Eni in its offshore operations in Tunisia, Maridive announced in a press release. The agreement stipulated three years of service starting from August 2018, wi...

Maridive’s Profit Rises by 60%

Maridive Group net profit in the first quarter of 2017 (Q1-2017) reached $5.6 million, rising by a staggering 60% from a net of $3.5 during the corresponding quarter in 2016, the company announced in a statement sent ...

Egypt’s Maridive Signs $43m Offshore Contract in UAE

Egyptian Maridive & Oil Services SAE company announced that its offshore construction sector obtained a new contract worth $43m in the UAE, according to a statement released in early March, Daily News Egypt report...

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