Business
Contract Award for a Large Class Vessel in Europe
Contract Award for a Large Class Vessel in Europe.
About this update from Gulf Marine Services Plc
[{"type":"text","content":"\n \nRNS Number : 4484S Gulf Marine Services PLC 25 June 2018 \n\n \n \nGulf Marine Services PLC\n('Gulf Marine Services', 'GMS', 'the Company' or 'the Group')\n \n \nNew Contract Award for a Large Class Vessel in Europe \n \nGulf Marine Services (LSE: GMS), the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, is pleased to announce it has been awarded a new contract to support a wind farm project in Europe for an international energy company. \n \nThe new contract is for a Large Class SESV with a charter period of eight months (including options). The vessel will proceed directly onto the new charter towards the end of Q3 2018 following the completion of its current long-term contract in the oil and gas sector in the region.\n \nDuncan Anderson, Chief Executive Officer of GMS, said: \n \n\"We have a successful track record in the renewables energy sector in Europe. Currently two of our Large Class vessels are supporting wind farm projects in the region and we are delighted to have gained a new client in the sector with this latest contract win. We look forward to deploying a third Large Class SESV onto the new charter, with our ability to transfer from oil and gas operations to wind farm development testament to our vessel flexibility and operational experience in both sectors.\" \n- Ends -\n \nThis announcement contains inside information. \n \nJohn Brown\nCompany Secretary (responsible for arranging the release of this announcement)\nGulf Marine Services PLC\n25 June 2018\n \nEnquiries\nFor further information please contact: \n\n\n\n \nGulf Marine Services PLC \nDuncan Anderson \nJohn Brown\nTel: +971 (2) 5028888\nAnne Toomey\nTel: +44 (0) 1296 622736\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 the world's leading provider of advanced self-propelled self-elevating support vessels (SESVs). The fleet serves the oil, gas and renewable energy industrie...