Regulatory Filings • Jan 28, 2021
Regulatory Filings
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| Date of Announcement | 28 January 2021 |
|---|---|
| Reference | 230/2021 |
| Listing Rule | LR 5.16 |
The Company is pleased to announce that, following an international tender by BP Exploration (Delta) Limited, Medserv Egypt Oil & Gas Services JSC has been awarded a contract to provide materials and warehouse management services for BP's drilling and gas production projects in Egypt.
It is expected that this contract will be serviced through Medserv's internal resources and will not require any major capital expenditure and is expected to contribute towards an improved financial performance of Medserv Egypt Oil & Gas Services JSC.
This award is another major step to broaden Medserv's oil and gas client portfolio within this region and together with already contracted business, further underpins the Company's business pipeline.
Laragh Cassar Company Secretary
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