Gulf Marine Services provides operational and trading update (Scandinavian Oil-Gas Magazine)

Gulf Marine Services provides operational and trading update

Published Nov 12, 2015

Gulf Marine Services publishes its Operational and Trading Update for the period 1 July 2015 to 1 November 2015.

GMS' robust performance has continued with high utilization across the SESV fleet of 98% up to the end of Q3 2015 and charter day rates being maintained at around previous levels.

The current secured backlog (as shown in the table below) of $615.9 million (1 November 2014: $547 million; 1 August 2015 $664 million) provides good visibility on future earnings.

Tags: Gulf Marine Services

Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...

[ In Middle East ]

SNC-Lavalin Awarded 5-year Extension to GES+ Contract with Saudi Aramco

Shell Update on Pearl GTL Production

Contract Wins Strengthen Wood Group’s Middle East Presence

MOL Group’s Eleventh Hydrocarbon Discovery in Pakistan

Wide-Ranging Energy Agreements with MAPNA Group of Iran

Gulf Marine Services provides operational and trading update

Related links

[ In Middle East ]