GMS secures first decommissioning contract

Abu Dhabi: Gulf Marine Services, the provider of advanced self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors has announced that one of its Large Class vessels in Europe has been contracted for decommissioning work, a new activity for the group.

The vessel, which has been supporting well service and maintenance work in the Southern North Sea for an international oil company since Q3 2012, was scheduled to continue that work until Q1 2016 (with a further six-month option thereafter exercisable by the client), the company said in a statement.