Maridive and Oil Services S.A.E Company posted net losses of $22.3million during the first half of 2025, compared to net profits of $1.56 mn during H1 2024. This came in a statement the company has sent to the Egyptian Stock Exchange (EGX).
Maridive is Egypt’s largest provider of offshore marine and oil support services and ranks as the leading company in the region by fleet size. Founded in 1978 in Port Said as a Free Zone Joint Stock Company, Maridive has steadily grown its operations through its key subsidiaries; Maridive Offshore Projects, Maritide, and Ocean Marine.
