MedservRegis plc - Contract Extension in Cyprus

On 12 January 2021, Medserv plc announced that it has been awarded a two-year contract extension by ExxonMobil Exploration and Production Cyprus (Offshore) Limited to continue providing shore base management services in Cyprus. As a result of this contract extension, Medserv will provide shore base services for further evaluation of ‘Block 10’ following the natural gas discovery offshore Cyprus at the ‘Glaucus-1’ well in 2019. These services will be carried out from Medserv’s base located in Limassol.