Medserv has been awarded a €4 million offshore maintenance contract in offshore North Africa.
The company said work will commence in the second quarter this year and is expected to take 10 months.
The company’s Maintenance Unit has become a significant contributor to the groups’ revenues with four major contracts won to date totalling just over €7 million in turnover.
The company’s representation of Oxifree Metal Protection in Southern Europe and Northern Africa, is also beginning to bear fruit.
Oxifree is a leading US based producer of corrosion protection polymeric solutions for the oil and gas and maritime industries.
The representation allows the Group to strengthen their service offering with an innovative and cost effective approach towards protecting their clients’ critical assets from corrosion.