LONDON (Alliance News) - Gulf Marine Services PLC on Tuesday said it has won a contract for one of its mid-size vessels with an unnamed client.
The company, which provides self-propelled self-elevating support vessels to the offshore oil and gas industry, said the three-month contract will start in the first quarter of 2017 and will support offshore maintenance work in the Middle East & North Africa region.
No financial details on the deal were disclosed.
"We are very pleased to be supporting our client's operations in the MENA region. Our sophisticated vessels are highly efficient and provide a wide range of services that are valued by our clients seeking safe and cost-effective offshore solutions," said Gulf Marine Chief Executive Duncan Anderson.
Gulf Marine shares were up 5.0% to 47.50 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Gulf Marine Services (GMS)