GMS lands Dutch North Sea maintenance support work

Oct. 30, 2014
Gulf Marine Services has won a contract for one of its Large Class self-propelled, self-elevating support vessels in the Dutch North Sea.

Offshore staff

ABU DHABI, UAEGulf Marine Services (LSE: GMS) has won a contract for one of its Large Class self-propelled, self-elevating support vessels (SESVs) in the Dutch North Sea.

The vessel will start a four-year charter (two years firm with two 12-month options) early next spring, and will supporting well service and maintenance work.

GMS CEO Duncan Anderson says,“The market in Europe for our flexible assets continues to be strong, and we are seeing an increasing demand for our SESVs for shallow-water brownfield maintenance to extend asset life and production, well intervention, and enhanced recovery.”

10/30/2014