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United Arab Emirates : GULF MARINE SERVICES wins contract

Publish Date : 01-Oct-2015

Gulf Marine Services (GMS) has announced winning its first contract for the GMS Scirocco following completion of the vessel ahead of schedule.

According to GMS, the jack-up barge is to begin a four month contract next month for an engineering, procurement and construction contractor. All other GMS owned vessels have been deployed for supporting brownfield oil and gas production, well services and maintenance work in the MENA region.

Duncan Anderson, chief executive of GMS, said, GMS Scirocco is our fourth new build SESV to be completed since Q3 2014 and we are very pleased that this latest addition to the fleet, like those before it, will proceed directly to its first charter following delivery.

Demand for our vessels remains strong and is testament to our ability to invest capital to successfully grow our fleet and generate strong returns for shareholders.

We are looking forward to introducing another two SESVs to the fleet next year. We are already seeing interest in this new tonnage from clients who understand the cost-effectiveness and operational efficiency we offer as both builders and operators, with the flexibility of our offshore support solutions particularly helpful in the current low oil price environment.

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