Gulf Marine announces four-year contract for large class vessel
ABU DHABI -- Gulf Marine Services, a provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, has announced a major new long-term contract award for one of its large class vessels.
The vessel will commence a four-year charter (three years firm with a one-year option) at the end of the first quarter of 2015 on completion of its current assignment in the MENA region.
The new charter is for a MENA-based national oil company with a day rate in line with that previously indicated for the region for this class of vessel. The vessel will be supporting the client's opex work in the area.
The group's entire fleet of SESVs is currently chartered, supporting brownfield oil and gas recovery, well services and maintenance work in the MENA region and in North West Europe.
