Gms News

 

5-year Maintenance Services Deal for GMS

Jan 21, 2020

GMS, the UAE-based operator of self-elevating support vessels (SESV), has been awarded a five-year contract in the Middle East.The company announced Tuesday the 5-year award for maintenance services 'as an enhanced extension to an existing vessel contract…

GMS Lifts 2020 guidance

Jan 16, 2020

Abu Dhabi-based offshore energy services firm GMS has raised its 2020 EBITDA guidance compared to its 2019 outturn, citing new contracts and cost cuts.'Guidance for 2020 EBITDA is in the range of $57 - $62m, compared to an expected 2019 outturn…

Gulf Marine Services Wins Two Contracts

Jan 05, 2020

Gulf Marine Services PLC,  the operator of self-propelled and self-elevating support vessels (SESVs) said it has been awarded two contracts, with secured utilization of its fleet for 2020 now exceeding the year before.The UAE-headquartered company…

GMS Wins Jack-up Contract

Nov 05, 2019

Gulf Marine Services (GMS), a provider of self-propelled jackup barges, said it has been awarded a four-year contract for a K-Class small vessel, from an unnamed Middle East national oil company.The world's leading provider of advanced self…

GMS Secures UAE Contract

Oct 24, 2019

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, said it had been awarded a 6.5-month contract for a K-Class (Small) self-elevating support vessel (SESV).No financial details of the deal were disclosed…

LOC Wins Borr Drilling Contract

Feb 22, 2019

The offshore oil and gas industry service provider LOC Group has been hired by jack-up rig contractor Borr Drilling for Marine Warranty Surveyor (MWS) services,  which commenced on Borr’s Norve and Frigg rigs, currently located in West Africa…

Subsea Vision & Photogrammetry Lab Formed

Nov 14, 2018

Offshore robotics company FORSSEA ROBOTICS chose GMS as main technical partner to certify its real-time visual positioning technologies. A joint laboratory will be created to develop a common offer covering camera calibration, subsea image treatment and innovative photogrammetry solutions…

Gulf Marine Services Bags New Contract

Oct 17, 2018

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, said it secured a new contract for one of its Small Class vessels.The new charter…

Marine Survey Work Starts for Greenlink Interconnector

Sep 25, 2018

The subsea field work for the Greenlink interconnector, one of Europe’s most important infrastructure projects, gets under way with the launch of the first of MMT’s survey vessels, MV Franklin.The offshore and nearshore surveying along the proposed…

GMS Evolution approved by ABS

Sep 25, 2017

Classification group ABS has approved the design and certified GMS' cantilever system for its self-elevating support vessel (SESV) GMS Evolution, delivered in May 2017.   As an industry first, GMS Evolution is fitted with a small removable skidding cantilever system…

GMS close to Evolution cantilever launch

May 16, 2017

Gulf Marine Services is close to putting its new cantilever system on its GMS Evolution self propelled jackup barge into system.  The cantilever system will enable the firm to compete for well workover and intervention work that was previously…

Centrica to invest $77 million in Morecambe Bay assets

May 09, 2017

Centrica is planning a US$77.66 million (£60 million) investment in its operations in Morecambe Bay, in the East Irish Sea, off the west coast of England, to boost output. The campaign will unlock up to a further 3 Bcf of gas under the…

GMS lands Europe, Asia work

Apr 10, 2017

Gulf Marine Services was awarded two new long-term contracts in Europe to support wind farm projects for an international energy company. The new contracts, scheduled to start in Q2 2018, are for two large class self-propelled self-elevating support vessels (SESVs)…

GMS completes European charter contract

Nov 15, 2016

Gulf Marine Services (GMS) has completed a new contract for a large class vessel to support maintenance work in European waters, which is scheduled to start in Q2 2017. The contract is for 18 months, and comes with options. Duncan Anderson…

GMS inks contract and extension

Aug 05, 2016

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…

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