Maridive to Conduct Exploration in Mediterranean

• Wednesday, 30th December 2015
• by Egypt Oil & Gas

Egyptian firm Maridive & Oil Services S.A.E., Egypt’s largest offshore oil services company, has plans to begin exploring for natural gas in Egyptian territorial waters, according to a company official who spoke w...

Maridive posts $22.8m in losses during first half of 2012

• Monday, 27th August 2012
• by Egypt Oil & Gas

Following a decrease in the volume of projects, contracts and occupancy rates, Maridive and Oil Services (MOIL) Egypt, faces a tough fiscal position. MOIL recently completed most of its contracts, including Aramco Sau...

Maridive Slumps to Lowest in More Than 2 Years as Oil Retreats

• Wednesday, 28th September 2011
• by Egypt Oil & Gas

Maridive & Oil Services SAE (MOIL), an Egyptian marine and oil support services company, tumbled to the lowest level in more than two years after the price of oil declined. The shares of the Cairo-based company lo...

Red Sea Spill Causes Oil Company Stocks to Drop

• Tuesday, 29th June 2010
• by Egypt Oil & Gas

It’s as though oil drilling has reached a holding pattern off the Red Sea coast of Egypt as the media, investors, drilling companies, governments and NGOs work to establish or even decide on the cause of the oil...