MedservRegis plc - New Contract Awarded

On 26 May, Medserv plc announced that it has been awarded a contract by ENI to provide a logistics base and associated services for its exploration activities taking place offshore Portugal for six months with possible extensions. The announcement also noted that the contract will be serviced through the Group’s internal resources.

The award of this contract will continue to broaden the Group’s geographical reach in addition to the existing support to exploration activity in the Levatian basin offshore Cyprus, the exploration and production wells in North Africa (primarily Libya) through its Malta base and the Middle East market through its three bases located in UAE, Oman and Iraq (following the recent acquisition of the METS Group).