Gulf Marine Services (GMS), a leading provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, announced a two‐year contract extension (comprising one firm year plus a one‐year option) for one of its Mid‐size vessels currently operating in the GCC region. With this extension secured, the company’s backlog has increased to $607 million.
Mansour Al Alami, GMS Executive Chairman, commented:
“Closing the year with this award is a strong endorsement of GMS’s strategy, fleet performance and disciplined execution. With a robust backlog and a supportive industry outlook, we remain well positioned to deliver sustainable value for our stakeholders”