Business
Contract Award
Contract Award.
About this update from Gulf Marine Services Plc
[{"type":"text","content":"\n \nRNS Number : 3843A Gulf Marine Services PLC 21 January 2020 \n\n21 January 2020\n \nGulf Marine Services PLC\n('Gulf Marine Services', 'GMS', 'the Company' or 'the Group')\n \nGMS launches Maintenance Services with associated Contract Award\n \nGMS 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.\n \nDuring 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.\n \nMaintenance 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.\n \n \nTim Summers, Executive Chairman, commented:\n\"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.\"\n \n- Ends -\n \nEnquiries\nFor further information please contact: \n\n\n\n \nGulf Marine Services PLC \nTim Summers \nExecutive Chairman\nTony Hunter \nCompany Secretary\nTel: +44 (0) 207 603 1515\n \n \n\n\n\n\n\nBrunswick \nPatrick Handley - UK\nWill Medvei - UK\nTel: +44 (0) 20 7404 5959\nJade Mamarbachi - UAE \nTel: +971 (0) 50 600 3829\n \n\n\n\n \nNotes to Editors:\nGulf Marine Services PLC, a company listed on the London Stock Exchange, was founded in Abu Dhabi in 1977 and has become a world leading provider of advanced self-propelled self-elevating support vessels (SESVs). The fleet serves the oil, gas and renewable energy industries from its offices in the United Arab Emirates, Saudi Arabia and the United Kingdom.&...