Shoaibi Group and Gulf Marine Services awarded major offshore 3 year contract to support rigless well intervention

Shoaibi Group and Gulf Marine Services awarded major offshore 3 year contract to support rigless well intervention

Gulf Marine Services Saudi Arabia Ltd. (GMSSA) , a joint venture between the Shoaibi Group of KSA and Gulf Marine Services of UAE, formed in 2009 has recently been awarded a 3 year contract to support rigless well intervention for a major offshore project in Saudi Arabia. GMSSA will provide a modern self-propelled jack up service barge from a fleet of 7 sister units, all capable of supporting well intervention, construction and maintenance activities offshore. The barge can operate in water depths up to 45 meters and can accommodate 150 personnel offshore.
Commenting on the new contract, Khalid Al Shoaibi, Chairman of GMSSA said “GMSSA has been working on a number of short term projects in Saudi Arabia in recent years; this new contract establishes a strong base for further growth and expansion in the offshore industry by GMSSA in the Kingdom.”
Duncan Anderson, CEO of GMS, also commented, “This contract marks a significant milestone in the GMSSA joint venture, as well as a major indicator of Shoaibi Group’s ability to recognize market requirements in Saudi Arabia’s oil and gas industry. We hope to continue to work closely and expand our foothold in the Gulf.”
Gulf Marine Services is currently the largest Elevating Support Vessel operator in the Middle East, supplying an unrivalled modern fleet of self-propelled barges to the oil and gas market. GMSSA is set to provide floating or self-elevating offshore platforms, which will be used by oil companies for offshore well maintenance, construction and accommodation. Specifically, it will cover the following services: well intervention and work over operations; well completion and well testing operations; offshore cranage and heavy lifting services; diving operations; topside construction and maintenance activities; and temporary offshore accommodation, including hotel services.
For more information please visit www.gmsuae.com
Headquartered in Al Khobar, Saudi Arabia, Shoaibi Group has been in operation for over 30 years, and encompasses a wide spectrum of global partnerships, agency representations, and joint ventures. Shoaibi Group’s reliable and strong market knowledge and expertise in the region has led to the formation of strategic partnerships that cater to the energy and industrial sector across Saudi Arabia. Through its international partners, joint ventures, and subsidiaries the Group operates in manufacturing, services, product distribution, and research and development predominately for the oil, gas and petrochemical sector in region. Shoaibi Group is dedicated to investing in research and technology that will offer oil operators proven game-changing applications for all phases of oil and gas developments.
For more information please visit www.shoaibigroup.com
Media Contact:
Mae Chami
Corporate Communications Director
Shoaibi Group
+973 17 566 499
Mae.chami@shoaibigroup.com
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