GMS Wins New Contracts in the Middle East

Wednesday, May 15, 2013

Our AHTS vessel Atlas has begun work on a recently awarded 21-month charter with a UAE-based OPCO. The client will use the vessel in rig support operations. One of our K-Class barges has secured a term contract with an international oil company operating in the Middle East valued at US$11 million. Commencement is expected towards the end of the year and a multi-phase workover and reinjection operation is planned to be completed from the unit. Kudeta has commenced a large scale accommodation role with Chinese company COOEC having undergone an expansion of her living quarters to support 236 people. The unit is mobilising for Saudi Arabian waters in support of the client’s ongoing offshore construction and refurbishment campaign. GMS has a fleet of nine jackup barges with current commitments worth US$460 million. The vessels are highly adaptable, providing a multi-purpose solution for a variety of offshore operations anywhere in the world.

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