Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, announces that two of its vessels have secured three-year contract extensions with a major National Oil Company (NOC) in the Middle East. These extensions, secured at enhanced rates, build on an existing agreement, reinforcing GMS’s strong partnership with the client and its continued commitment to supporting the region’s offshore energy operations. GMS secured backlog now stands at $558 million. 

Mansour Al Alami, GMS Executive Chairman, commented:
“This contract extension highlights the robust and ongoing demand for our vessels in the region, driving consistently high utilisation rates across our fleet. It reflects the trust our clients place in GMS’s capabilities and reinforces our strong position in supporting the Middle East’s offshore energy sector."

The GMS fleet of 13 SESVs is amongst the youngest in the industry. The vessels support GMS's clients in a broad range of offshore platform refurbishment and maintenance activities, well intervention work, and offshore wind turbine maintenance work (which are opex-led activities), as well as offshore platform installation and decommissioning and offshore wind turbine installation (which are capex-led activities).

KeyFacts Energy Industry Directory: Gulf Marine Services