Edison Investment Research - Medserv (MDS) ENI North Africa renewal

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Edison Investment Research

Andy Chambers

ENI North Africa renewal

Following on from the Q3 trading update, Medserv has announced the renewal of the second core contract from ENI for the Malta base. It has now won both contracts let in Malta for Libya operations this year. The company has thus secured its core business for the Malta base from 2017 to 2019. New opportunities in the eastern Mediterranean and resumption of drilling offshore Portugal, together with growth of METS in the Middle East, should support growth in FY17.

23/11/2016 2 EN

Underlying

Medserv

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MT0000310103 Malta Stock Exchange Malta

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Andy Chambers

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ENI North Africa renewal

MedservRegis - Termination of coverage

MedservRegis - Reverse takeover transforms prospects

MedservRegis - Reverse takeover transforms prospects

International Public Partnerships - Consistently and responsibly delivering

Portobello SpA - Focus back on the operations

Intralot - Focus on business development in FY24

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