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GMS Wins 4-Year Deal in Middle East

GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for which GMS will provide support for offshore activities. The work will be undertaken in United Arab Emirates waters, where the vessel will be mobilized for operations in January 2020.

 

Secured utilization of the entire GMS fleet for 2020 now stands at 56%.

 

Tim Summers, Executive Chairman, commented: "We are pleased to announce this long-term contract award and look forward to meeting our customers' needs over the coming years."

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