Business
Contract extension award for small class vessel
Contract extension award for small class vessel.
About this update from Gulf Marine Services Plc
[{"type":"text","content":"\n \nRNS Number : 5161B Gulf Marine Services PLC 10 January 2018 \n\n \n \nGulf Marine Services PLC\n('Gulf Marine Services', 'GMS', 'the Company' or 'the Group')\n \n \nCONTRACT EXTENSION AWARD FOR SMALL CLASS VESSEL \n \nGulf Marine Services (LSE: GMS), the leading provider of advanced self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, is pleased to announce that a 16-month (including options) contract extension, effective from Q3 2018, has been awarded for one of its Small Class vessels in the Middle East. \n \nSeparately, a six-month contract extension option has been confirmed for one of the Group's Mid-Size Class vessels operating in the Middle East.\n \nDuncan Anderson, Chief Executive Officer of GMS, said: \n \n\"Levels of tender activity for all our vessel classes are improving in the oil and gas sector in the Middle East and we are pleased to have secured this contract extension for one of our Small Class vessels in the region. We have been supporting well service and maintenance work for this international oil company continuously for more than ten years and this award is testament to our client's ongoing confidence in GMS to deliver the highest quality offshore support solutions.\"\n \n \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\n10 January 2018\n \nEnquiries\nFor further information please contact: \n\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\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 leading provider of advanced self-propelled self-elevating support vessels (SESVs) in the world. The fleet serves the oil, gas and renewable energy industries from its offices in the United Arab Emirates, Saudi Arabia, Malaysia and the United Kingdom.&...