Medserv Optimistic on Libya Business

Malta-based oil logistics firm Medserv has said that operations at its Misurata base continue, but at a very low level.

According to a report from Malta Independent, work has also commenced on one of the two offshore contracts announced earlier this year relating to drilling offshore Libya, and the other is due to start in the fourth quarter of this year.

The company remains confident that it will be awarded the offshore maintenance contract referred to in the Chairman’s report for 2013, and attributes the delay to the difficulty in obtaining all the necessary signatures to the contract due to the present difficulties in Libya.

Commenting about the current situation in Libya, Anthony Diacono, Chairman of Medserv, said:

Whilst the situation on the ground is difficult and we continue to support our Libyan colleagues to the best of our ability, the state of affairs in Libya at the moment has had little further impact on our business performance, due to the fact that our involvement with International Oil Companies operating in Libya is related to offshore activity.

"Offshore work continues and is important to Libya itself. We are currently supporting operations from Malta and are receiving all the support necessary from the Libyan Authorities when required.”

(Source: Malta Independent)

One Response to Medserv Optimistic on Libya Business

  1. Sergio Trojer 2nd September 2014 at 4:37 pm #

    I tried to be in touch with Gumhouria Bank with no success.
    I am one of the shareholder of Lapco, a Libyan company willing to use the resin manufactured by NOC to produce yarn for artificial grass.
    Lapco was importing 6 milions of Euro machinery that are still in Misurata port. The bank is now the owner of these equipments. We have a project for the bank to utilize these equipments but we cannot be in touch through e-mail with the Genarl Manager of the bank. Would you be so kind to hekp us?
    Thanks and best regards,

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