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Maridive Q2 profit hit by sluggish oil sectorMaridive and Oil Services, the biggest oil services company in the Middle East by fleet size, posted second-quarter net profit below forecasts as it suffered from a continued oil industry downturn. The Egyptian group posted second-qua More… |
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Egypt oil major net profit downEgypt's Maridive and Oil Services said its 2009 net profit fell 2.3 per cent to $80.3 million, beating all analyst forecasts, despite suffering from sluggish oil industry activity. The oil services firm, the biggest in the Middle East More… |
