GMS receives early term notice for MENA deal

Offshore staff

ABU DHABI, UAE Gulf Marine Services (GMS) has received a notice of early termination for one of its mid-size class self-propelled self-elevating support vessel (SESV) supporting well services for a national oil company in the Middle East/North Africa (MENA) region. 

The vessel is expected to come off charter in early 4Q 2016.

Earlier this month, GMS announced that it had received a contract and a contract extension in the same region. A MENA-based national oil company had hired a mid-class SESV to begin work immediately on a 12-month contract including options.

A different MENA NOC had confirmed a contract extension for a small class vessel. 


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...