Search results for: gulf-marine-services

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A list of search results

  • 3 January 2020
    Business & Finance, Exploration & Production

    Offshore oilfield contractor Gulf Marine Services has been awarded two new contracts in the Middle East. 

  • 22 March 2016

    Gulf Marine Services, a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas industry, has posted a 12% rise in revenues for 2015 compared to the year-before.  The company’s revenues for 2015 increased from $196.6 million in 2014 to $219.7 million in 2015. During 2015, 72% of total group revenue was derived from […]

  • 15 January 2018
    Business & Finance

    Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) to the offshore oil, gas and renewable energy sectors, has made some changes to its existing bank facility agreement.

  • 22 November 2016
    Business & Finance

    Gulf Marine Services (GMS), a provider of self-propelled, self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, has won a new contract award for one of its mid-size class vessels. GMS informed on Tuesday that the contract, scheduled to start in the first quarter of 2017, is for three months, including options. The […]

  • 7 December 2016
    Business & Finance

    Two non-executive Directors have stepped down from the Board of Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil and gas industry.  GMS said on Tuesday that two departing members of the board are independent non-executive Director Mike Straughen and non-executive Director Richard Dallas. The changes are effective […]

  • 5 August 2016
    Business & Finance

    Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil industry, has won a new contract and a contract extension for two of its vessels.  The new contract is for one of GMS’ mid-size class vessels. It is scheduled to start immediately, is for 12 months including options, with […]

  • 16 August 2016

    Gulf Marine Services (GMS),a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil and gas industry, got an early contract termination for one of its vessels.  The company reported on Tuesday that a notice of early termination has been received for a Mid-Size Class SESV. The vessel was supporting well services for a […]

  • 10 April 2017
    Business & Finance

    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 […]

  • 3 January 2017
    Business & Finance

    Gulf Marine Services, a provider self-elevating support vessels, has signed a new long-term contract award for one of its mid-size class vessels. GMS said on Tuesday that the new charter is for three years, including options, and is scheduled to begin in early first quarter 2017. According to the company, the vessel will be supporting well intervention activities […]

  • 15 November 2016
    Business & Finance

    UAE’s Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, has completed the documentation needed for the charter of one of its vessels in Europe. The documentation is related to a letter of intent received by the company on August 30. Under the contract, the company would lease a Large Class SESV to […]

  • 24 May 2019
    Business & Finance

    The new CFO has previously worked for TAQA and Shell

  • 28 January 2015

    Gulf Marine Services, a provider of self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors,has won a long-term contract for one of its Large Class vessels. The contract is for three years with an option to extend for another year. GMS did not reveal the name of the client, but said it is […]

  • 4 May 2020
    Business & Finance, Vessels

    Abu Dhabi-based Gulf Marine Services (GMS) has turned down a USD 32 million takeover offer from Seafox International saying that the offer ”fundamentally undervalues GMS”. As reported earlier, Seafox submitted an unsolicited and non-binding possible cash offer for the entire issued and to be issued share capital of GMS by a wholly-owned subsidiary of Seafox, […]

  • 30 April 2020
    Business & Finance, Vessels

    Dutch jack-up owner and operator Seafox has placed an unsolicited and non-binding proposal to acquire the Gulf Marine Services PLC (GMS). Seafox made a possible cash offer for the entire issued and to be issued share capital of GMS by a wholly-owned subsidiary of Seafox, at a value of USD 0.09 per GMS ordinary share. […]

  • 25 June 2018
    Project & Tenders

    Gulf Marine Services (GMS) will deploy a third vessel from its Large Class Self Elevating Support Vessel (SESV) fleet on an offshore wind project, after the company signed a charter agreement with an unnamed client for a project in Europe.

  • 9 December 2014

    Gulf Marine Services, a provider of advanced self-propelled self-elevating support vessels (SESV) has won the first contract for its new Mid-Size Class vessel GMS Shamal. The vessel is currently being built at GMS’ quayside facility in Abu Dhabi and is on schedule to be completed in Q2 2015 when it will proceed directly to its first charter for a national […]

  • 23 August 2019
    Business & Finance, Exploration & Production

    Offshore oilfield contractor Gulf Marine Services’ (GMS) chief executive officer Duncan Anderson has resigned as the company now expects lower 2019 earnings compared to 2018.

  • 28 December 2015
    Business & Finance

    UAE-based port operator Abu Dhabi Ports has signed a contract with offshore contractor Gulf Marine Services (GMS) for setting up a shipbuilding facility at Zayed Port where GMS will construct and maintain its offshore support vessels that serve the region’s oil and gas industry. Under the deal, Zayed Port in Abu Dhabi city, which is a regional […]

  • 16 May 2017
    Exploration & Production

    UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, is looking to further boost its vessel utilization after achieving an increase during the first quarter of this year.  Ahead of its annual general meeting on Tuesday, GMS said it continues to focus on maximizing […]

  • 6 July 2015
    Business & Finance

    Gulf Marine Services, a provider of self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, has secured a decommissioning contract for one of its Large Class vessels in Europe, which is a new activity for the Group. The company said that the vessel, which has been supporting well service and maintenance […]

  • 28 May 2019
    Exploration & Production

    Gulf Marine Services has secured more work and says it sees an uptick in demand for its vessels

  • 28 November 2019
    Business & Finance

    Offshore oilfield contractor Gulf Marine Services (GMS) has won a firm 15-month contract plus options for one of its E-Class (Large) vessels.