Gulf Marine Services secures two-year contract extension in the GCC region.
Gulf Marine Services said on Tuesday that it has secured a two-year contract extension for one of its mid-size vessels currently operating in the Gulf Cooperation Council (GCC) region.
Gulf Marine Services
30 December 2025 10:34:09
Source: Sharecast
The company, which provides self‐propelled, self‐elevating support vessels to the offshore energy industry, said this comprises one firm year plus a one-year option. With this extension secured, its backlog has increased to $607m.
Executive chairman Mansour Al Alami said: "Closing the year with this award is a strong endorsement of GMS's strategy, fleet performance and disciplined execution.
"With a robust backlog and a supportive industry outlook, we remain well positioned to deliver sustainable value for our stakeholders."
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