Egypt’s Maridive Wins UAE Job

Tuesday, March 15, 2016

Maridive & Oil Services, out of Egypt, has secured a contract out of the UAE. The company’s offshore construction unit, Valentine Maritime, won a contract valued at $43 million.

Valentine Maritime will supply and implement various offshore constructions in the UAE.

“The execution of the contract will start at the end of the second quarter of 2016, to be finished by the end of the last quarter,” a statement from the company said. “Therefore, the value of the signed contracts increased to $480 million to offer navigational services and offshore construction all over the world.”

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