Malta-based Medserv International has been awarded a $30.6 million contract to provide logistical support in oil drilling operations by Staatsolie in South America.
"This is an important milestone in Medserv’s development, contributing towards the
delivery of the group’s strategy to broaden its client base and geography," Medserv said.
The drilling site is adjacent to recent ExxonMobil discoveries in offshore Guyana, potentially providing further opportunities in the region for the group.
The contract runs for 15 months from the beginning of next year.
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