MedservRegis plc - Contract Renewal in Egypt

On 20 June 2025, MedservRegis plc announced that its subsidiary in Egypt has successfully renewed a significant contract with IEOC Production B.V. for the provision of integrated logistics and shore base services in Damietta, Egypt.

The company explained that this renewal extends the long-standing partnership between the two companies for a firm period of two years starting on 1st July 2025, with the client retaining an option to extend for an additional one year. Under the terms of the renewed contract, Medserv Egypt will continue to provide a comprehensive suite of services, including logistics support and shore base management for the client’s ongoing operations in the Eastern Mediterranean.

MedservRegis stated that this renewal is expected to have a positive impact on the company’s financial performance in the coming years.