Middle Eeast News

 

Gulf Marine Services Bags MENA Deal for K-Class Jack-Up

May 04, 2021

Gulf Marine Services (GMS), a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, has won a 9-month contract for a K-Class jack-up unit in the MENA region.The UAE-based company said that the contract would begin in the third quarter of 2021, without disclosing the name of the client.'With this contract win, secured utilization for the current year stands at 80% underpinning $114m of revenue secured to date for 2021 full year…

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