Maridive wins $150 million contract in India

Ahram Online, Monday 29 Nov 2010

The marine and petroleum services firm announced new $117 million contract

The marine and petroleum services firm Maridive won a $117 million contract for the implementation of offshore oil lines in India, in addition to several new leases for maritime units in North and West Africa with contract values of $33 million, the company announced on Sunday.

The company's results showed net profits of $51.89 million in the first nine months of 2010, down from about $60 million in the same period of 2009. A decline of 13.5%. 

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