Maridive Group is the largest company providing offshore marine and oil support services in Egypt and the largest regionally, in terms of fleet size.
Maridive was founded in 1978 by Capt. Issa Eleish, Mr. Magdy Zeid and Mr. Maged Nadim. Thanks to their great experience and commitment, the company started with one marine unit. It grew until the present, holding over 65 marine units, and becoming one of the largest marine and oil service companies in the world.
The company was established in 1978 in Port Said as a Free Zone Joint Stock company. Maridive Group has expanded over the years together with its subsidiaries Maridive Offshore Projects, Maritide, and Valentine Maritime and now has a strong reputation for excellence and efficiency in the offshore oil and gas services fields. We have a long track record with our loyal customers and the company’s goal is to continue to diversify with a global footprint.
Also, management of India and Far East activities.
Maridive & Oil Services reports 56% lower loss in H1 2022 - Standalone... Read More
Maridive & Oil Services reports 45% lower loss in Q1 2022 - Consolidated... Read More
Maridive & Oil Services reports 45% lower loss in Q1 2022 - Standalone... Read More
Initial approval from creditor banks to structure the company's loans... Read More
Maridive General Assembly approves business results ... Read More
Maridive General Assembly approves open branch in KSA ... Read More
Maridive General Assembly approved the election and formation of the Board of Directors... Read More
Maridive General Assembly approved the appointment of CEO and Managing Director... Read More
Maridive & Oil Services reports 46% lower loss in 2021 - Consolidated... Read More
Maridive & Oil Services reports 32% lower loss in 2021 - Standalone... Read More
Maridive assigns the duties of the CEO of the company to Mr. Mohammad Makram... Read More
Resignation of CIB from the Board of Directors... Read More
Maridive & Oil Services reports 52% lower loss in Q3-21 - Consolidated... Read More
Maridive & Oil Services reports 17% lower loss in Q3-21 - Standalone... Read More
Maridive & Oil Services posts 34% profit drop in H1-21... Read More
No deal reached with Al Subeai on subsidiary sale... Read More
Maridive & Oil Services reports 30% lower loss in Q1-21... Read More
Ever Given crisis ... Read More
Maridive's board accepts $48m acquisition offer for subsidiary... Read More
Change in Maridive Abu Dhabi management... Read More
Maridive receives $48m acquisition offer for subsidiary... Read More
Maridive reveals reasons behind loss increase... Read More
Force majeure in Venezuela... Read More
European Bank... Read More
Forbes Middle East: Mrs.Shahira Zeid... Read More
Maridive is attending CI Capital`s third annual conference Cairo , Egypt 2015 from 11st January 2015 till 12nd January 2015.... Read More
Maridive booked a standalone profit of 15.3 m $ & a consolidated profit of 11.1 m $ during 9m-2014 representing an increase of 454 % & 77 % respectively... Read More
Maridive is going to develop its management system in order to comply with the following (QHSSE) standards:-... Read More
OSV Segment launched the new MPSV ( Maridive 235 ). ... Read More
Maridive signed a syndicated loan through Abu Dhabi Islamic bank amounting 25 m US$... Read More
M/V Maridive 9 finished her dry dock maintenance... Read More
OSV Segment has been awarded a new contract amounting 4 m US$ in Egypt starting August 2014 with Abu Qir Petroleum Co.... Read More
M/V Maridive 86 started a 10 days towage operation for Suez Oil Company ( Suco) - EGYPT... Read More
Increasing in Fuel Prices in Egypt has no impact to our COGS as we buy Fuel for Marine units at the international price.However, if the marine unit is hired, the Client bears all the Fuel costs.... Read More
OSV Segment has contracted to build a new MPSV Vessel ( Maridive 235 ), to be delivered on Q4-2014... Read More
OSV Segment has been awarded a new contract amounting 26 m US$ with Petrobel ( Egypt ) for 2 years starting end of 2014... Read More
Maridive announces Q1-2014 Results (dated 5th June 2014)... Read More
OSV Segment has been awarded a contract extension for 2 years worth 44 m US$ with PDVSA Venezuela starting 2Q-2014.... Read More
ExxonMobil Nigeria West Africa awarded OSV a contract for 5 year with total value of 185 Millions US$ starting Second quarter 2014.... Read More
Maridive & Oil Services announced increasing issued capital from 143 360 000 $ to 163 840 000 US$. The additional 20 480 000 US$ increase will be financed from 2011 profits and divided into 51 200 000... Read More
These stock dividends will be distributed as one share per every 7 shares to shareholders of Wednesday 19/3/2014 & will be settled starting on Thursday 20 March 2014 through Misr for Clearing, Settlem... Read More
Maridive 603 was converted from a PSV to an MPSV.... Read More
Maridive7000, new build Tug - 7000 BHP, delivered in January 2014 from shipyard in China, now on route for a 5 years contract with Saudi ARAMCO. ... Read More
AHTS Maridive 233 - 6000 BHP – DPII – FiFi 1 delivered from shipyard in January 2014 and sailing to Arabian Gulf for trading in Middle East. Maridive 233 is the six vessel in the 6000 BHP series.... Read More
Suez Oil Company “Suco” awarded “ Maridive Offshore Projects” the works for laying of 11 KV submarine cable at Ras Budran Field.... Read More
Suez Oil Company “Suco” awarded “Maridive Offshore Projects” the works for transportation of RB submarine cable drum.... Read More
Changes at the top... Read More
Fleet Expansion... Read More
Maridive attending The 4th EFG-Hermes Conference in London 15 September -17 September.... Read More
OCS Segment has been awarded a new contract with ONGC-India amounting 215 m$... Read More
Maridive books a net profit of 9.8 m$ ( standalone) & 6 m$ ( Consolidated )in H1-2014... Read More
Maridive started applying Haztek developing program on our management system in order to comply with the following (QHSSE) standards:-... Read More
Maridive Group attending the 7th Mediterranean Offshore Conference & Exhibition - (MOC 2014).... Read More