Gulf Marine Services PLC: Three Long-Term Contract Awards in MENA

Thursday 20 September 2018

Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, announced it has been awarded three long-term contracts in the MENA region.

The new charters, which are subject to the completion of legal documentation and finalisation of the vessel delivery schedule, are for one Small Class and two Mid-Size Class SESVs and are currently expected to commence in Q4 2018/Q1 2019. The charter period for each of the three vessels is five years (including options) during which time they will be supporting well intervention and maintenance activities in the region.