Investor fury at Gulf Marine bosses’ pay
Investors in offshore rig contractor Gulf Marine Services (GMS) showed their anger by heavily voting against bosses’ pay packages at its annual general meeting yesterday.
Gulf Marine Services
Gulf Marine’s finance boss to resign
Gulf Marine Services (GMS) is searching for a new chief financial officer after its current one gave notice of his intention to resign.
North Sea firms can no longer ‘shelve’ decom work, says Gulf Marine
Bosses at vessel contractor Gulf Marine Services (GMS) expect North Sea decommissioning to pick up “in a big way” in the next year.
Gulf Marine in the red as contracts delayed
A number of “frustrating” delays in contracts starting led to vessel contractor Gulf Marine Services (GMS) posting a loss in the first half of the year.
Gulf Marine celebrates new long-term contract
Offshore rig contractor Gulf Marine Services said today that it had secured a long-term contract award for one of its mid-size class vessels.
Gulf Marine targets North Sea wind, decommissioning markets
Bosses at Gulf Marine Services (GMS) said today that the vessel contractor is targeting more contracts in the North Sea renewables and decommissioning markets.
Heavy transport vessel for Hornsea Project breaks record at North Sea port
A massive heavy transport vessel has broken a record as the largest ever to dock at the Port of Blyth.
Gulf Marine Services nets pair of Hornsea wind farm deals
Gulf Marine Services (GMS) said today that it had clinched two long-term contracts to provide offshore accommodation for Dong Energy's Hornsea wind farm project.
Gulf Marine Services targets decommissioning market with pioneering new kit
Bosses at Gulf Marine Services (GMS) said yesterday that the firm hoped to attract more decommissioning work with a “pioneering cantilever” developed for its large-class vessels.
Gulf Marine Services wins vessel contract in Middle East region
Gulf Marine Services (GMS) said today that it had one a new contract for one of its vessels in the Middle East North Africa (Mena) region.
Gulf Marine Services secures new contract for vessel
Gulf Marine Services (GMS) said today that an unspecified company had agreed to charter one of its vessels in Europe.
Gulf Marine Services boss sees “slight increase” in North Sea decommissioning activity
The boss at Gulf Marine Services (GMS) said yesterday that tendering activity for decommissioning projects in the North Sea had picked up “slightly” in recent months.
Revenues up 12% at Gulf Marine Services as North Sea decommissioning project goes to plan
Bosses Gulf Marine Services (GMS) hailed a solid first half as the Middle East offshore vessel contractor booked a 12% increase in revenues despite a challenging business environment.
Gulf Marine Services hit with support vessel contract cancellation
Gulf Marine Services (GMS) said today a contract for one of its mid-size vessels had been cancelled early by an unspecified oil company based in the Middle East and North Africa (MENA) region.
Gulf Marine Services inks new vessel supply deals for Middle East, North Africa clients
London-listed Gulf Marine Services (GMS) said today it had struck a new deal to supply one of its mid-size vessels to an unspecified oil company based in the Middle East and North Africa (MENA) region. GMS, an offshore vessel contractor founded in Abu Dhabi in 1977, said the agreement had kicked in immediately and would run for one year. The company, whose fleet currently comprises 14 vessels, also said another client in the same region had extended its lease on a small class vessel by a further year.
Gulf Marine Services feels pinch in tight market
Gulf Marine Services said it continues to focus on maximising vessel utilisation and maintained a high rate of 93% for the first quarter.
Gulf Marine Services looks to healthy order book
Gulf Marine Services said a healthy order book provided cause for optimism in the self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors.
Gulf Marine Services’ fleet expansion on track
Offshore support company Gulf Marine Services' fleet expansion programme is on track to deliver substantial growth following a strong first half to 2015.