Abu Dhabi-based Gulf Marine Services has won a new contract award for one of its mid-size class vessels.
The contract, scheduled to start immediately, is for 12 months including options, with the vessel supporting a Middle East/North Africa (MENA)-based national oil company.
In addition, a contract extension has been confirmed for one of the group's small class vessels chartered to a different MENA-based NOC. The extended period, which has already started, is for 12 months, with a further one-year option period remaining.
Duncan Anderson, Chief Executive Officer at GMS, said: "In the current challenging market conditions our state-of-the-art self-elevating support vessels continue to offer the most cost-efficient offshore solutions for our clients seeking to extract maximum value from their assets while minimizing costs."