{"id":597499,"date":"2019-07-29T03:49:47","date_gmt":"2019-07-29T03:49:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/"},"modified":"2019-07-29T03:49:47","modified_gmt":"2019-07-29T03:49:47","slug":"maridive-awarded-usd-160-mn-contract-in-india","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/","title":{"rendered":"Maridive awarded USD 160 mn contract in India"},"content":{"rendered":"<p><b>Maridive awarded USD 160 mn contract to build pipelines in India:<\/b> A Maridive & Oil Services Co. unit was awarded a contract worth USD 160 mn to build pipelines in India, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/press%20Release.pdf\">the company said in a bourse filing (pdf)<\/a>. The contract includes engineering, procurement, installation, and commissioning services for several pipelines to be delivered on a turnkey basis, the company said. Construction is expected to begin in 3Q2019 and be completed by 4Q2020.<\/p>\n<p><b>A boost to backlog:<\/b> Maridive\u2019s backlog for 2019-2021 has now reached USD 410 mn. The group\u2019s offshore construction services division accounts for USD 206 mn, with the remaining USD 204 mn contracted at the offshore support vessels division. \u201cThe contract not only adds to the group\u2019s backlog, but also expands our presence across a diverse geographical footprint that now stretches from the Gulf of Mexico to the Indian Ocean, covering several major oil-producing regions,\u201d Chairman Tarek Nadim said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maridive awarded USD 160 mn contract to build pipelines in India: A Maridive &#038; Oil Services Co. unit was awarded a contract worth USD 160 mn to build pipelines in India, the company said in a bourse filing (pdf). The contract includes engineering, procurement, installation, and commissioning services for several pipelines to be delivered on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,1404,10837,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597499","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-india","tag-maridive-oil-services","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c0f46932-be63-4d8f-8193-207378f5199d","is_powered_by":true,"section_story_id":"633f151e-c02c-4eab-8cf6-ce76f57c4d70","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597486],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Maridive awarded USD 160 mn contract in India - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maridive awarded USD 160 mn contract in India\" \/>\n<meta property=\"og:description\" content=\"Maridive awarded USD 160 mn contract to build pipelines in India: A Maridive &amp; Oil Services Co. unit was awarded a contract worth USD 160 mn to build pipelines in India, the company said in a bourse filing (pdf). The contract includes engineering, procurement, installation, and commissioning services for several pipelines to be delivered on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T03:49:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Maridive awarded USD 160 mn contract in India\",\"datePublished\":\"2019-07-29T03:49:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/maridive-awarded-usd-160-mn-contract-in-india\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"India\",\"Maridive &amp; 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The contract signed a contract with a Saudi client to rent one vessel for seven years beginning in February, and another contract with a Tunisian client\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624426,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/maridive-reports-jump-in-bottom-line-to-usd-17-09-mn-in-1h2018\/","url_meta":{"origin":597499,"position":3},"title":"Maridive reports jump in bottom line to USD 17.09 mn in 1H2018","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"EARNINGS WATCH- Oil services outfit Maridive Group reported a net profit of USD 17.09 mn in 1H2018, up from USD 11.02 mn in 1H2017, according to a filing to the EGX.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597824,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/maridive-wins-usd-27-mn-service-contract-in-mexico\/","url_meta":{"origin":597499,"position":4},"title":"Maridive wins USD 27 mn service contract in Mexico","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Maridive Oil Services has won a USD 27 mn services contract for work in Mexico, the company announced in a press release (pdf). The contract includes a USD 12 mn primary service component and a USD 15 mn additional services component and will see the company undertake marine work, diving\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637473,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/maridive-oil-services-signs-usd-20-mn-agreement-to-provide-services-at-zohr\/","url_meta":{"origin":597499,"position":5},"title":"Maridive &#038; Oil Services signs USD 20 mn agreement to provide services at Zohr","author":"enterpriseam admin","date":"16 November 2017","format":false,"excerpt":"Maridive & Oil Services signed a USD 20 mn agreement with an unnamed Egyptian company to lease three maritime units to provide maritime and oil services at the Zohr gas field, Al Mal reports. 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