Medserv today announced that it was awarded a contract to provide international freight forwarding services to OMV of Libya Ltd, a subsidiary of the multinational integrated oil and gas company OMV, headquartered in Vienna.
Medserv will provide services for the transportation of goods and drilling related equipment from global sites to specified locations in Libya using the Medserv facilities at the Malta Freeport as a logistics hub in the supply chain.
The Framework Agreement shall enter into force on the 30th October 2020 for a term of three years, with the option for OMV to extend the term by a further two years.
OMV is an oil and gas exploration and production company with operational activities in the onshore Murzuk and Sirte basin of Libya.
Founded in 1974 and with head offices in Malta, Medserv has become a trusted partner and provider of integrated oilfield support and services to IOCs and NOCs operating in and around the Mediterranean. Medserv plc is listed on the Malta Stock Exchange, where the announcement was published.
The company operates dedicated bases in Malta, Cyprus, Egypt, UAE, Oman and Iraq, and has a representative office in Libya.