GMS launches Maintenance Services with associated Contract Award

Tuesday 21 January 2020

GMS announces the award of a five year contract (firm period, plus options to extend) for maintenance services as an enhanced extension to an existing vessel contract. Mobilisation for the contract, with a Middle East National Oil Company, will be undertaken by a new Maintenance Services Division.

During 2019, as GMS reviewed its operations in pursuit of greater efficiency and profitability, the team identified a market opportunity to expand its service offering to customers, and has created the Maintenance Services Division.

Maintenance Services provides a comprehensive integrated offer, allowing the client to focus on core activities. For the new contract, the GMS team will include onshore personnel to manage planning and logistics, together with traditional fabrication and support services based offshore on the GMS vessel. Work to be performed will include scope definition and scheduling, detailed work preparation and execution including the management of the material supply chain, as well as mechanical fabrication.

Tim Summers, Executive Chairman, commented:

"The creation of the GMS Maintenance Services Division is an important and logical step in the evolution of GMS, as we progressively expand our service offering to customers."