MedservRegis plc - Contract Extension in Egypt

On 7 September 2020, Medserv plc announced that it has been awarded a contract extension by Eni Egypt to continue providing integrated logistics support services for offshore operations in Egypt until 31 December 2021. Medserv noted that the Eastern Mediterranean energy block is a significant and growing market for the company given its strong presence in both Cyprus and Egypt. Furthermore, Medserv is also awaiting adjudication of a tender for provision of integrated logistics support services to another international oil company operating offshore Egypt.