Medserv plc on Thursday announced that, following an international tender by BP Exploration (Delta) Limited, Medserv Egypt Oil & Gas Services JSC has been awarded a contract to provide materials and warehouse management services for BP’s drilling and gas production projects in Egypt.

It is expected that this contract will be serviced through Medserv’s internal resources and will not require any major capital expenditure and is expected to contribute towards an improved financial performance of Medserv Egypt Oil & Gas Services JSC, the company said via a Malta Stock Exchange announcement.

“This award is another major step to broaden Medserv’s oil and gas client portfolio within this region and together with already contracted business, further underpins the Company’s business pipeline.”

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.