GMS Nets 22-Month Contract for One of Its Jack-up Units

Tuesday, September 27, 2022

GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.

The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region. 

The contract is due to start in Q2 2023. 

Mansour Al Alami GMS Executive Chairman, said: "This contract award reflects the increasing demand for vessels and improved day rates for which GMS remains well positioned to take advantage of going forward."

Financial details were not disclosed.

Categories: Energy Middle East Activity

Related Stories

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Second Hai Long Substation Heads to Project Site Offshore Taiwan

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Tokyo Gas Enters LNG Market in Philippines

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Current News

Argentina YPF to Shed Offshore Exploration Projects

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Shell Hires Noble’s Drillship for Work in Southeast Asia

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com