Gulf Marine Services starts new contract in Middle East

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, has been awarded a contract in the Middle East. 

According to the company’s statement on Monday, the short-term contract for one of its small class vessels has already started.

Duncan Anderson, Chief Executive Officer of GMS, said the contract is for supporting oil and gas-related operations for one of the company’s clients in the Middle East.

The company provided no further details about this contract.

In addition, GMS has been awarded two new long-term contracts in Europe to support wind farm projects for an unnamed international energy company.

These two new contracts, scheduled to start in 2Q 2018, are for two large class SESVs. One contract is for a charter period of 26 months, including options, and the other for a charter period of 15 months, also including options.

Anderson also said: “These three new contracts are testament to the flexibility of our modern fleet and our successful record in delivering a wide range of services for our clients in the total lifecycle of offshore oil, gas and renewable energy projects.”