UAE-based offshore support vessel owner Gulf Marine Services has secured a 183-day contract extension for one of its Small-class vessels operating in the GCC region.
The extension was awarded under an existing agreement with a major National Oil Company in the Middle East. The client also holds two additional three-month extension options after the extended period.
The vessel will continue supporting the client’s offshore maintenance operations during the extension.
Gulf Marine Services said its current backlog stands at $659 million.
Mansour Al Alami, Executive Chairman of Gulf Marine Services, said the extension supports the company’s focus on fleet utilisation.