IN BRIEF: Gulf Marine Services signs 2nd phase of Middle East contract

Mon, 10th Jun 2024 09:11

Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for offshore oil, gas and renewable energy projects - Signs second phase of four-year contract announced in March. The contract with an unnamed customer is for one of GMS's vessels operating in the Middle East. Says order backlog now totals USD431.2 million.

Current stock price: 18.75 pence, up 3.0% in London early Monday

12-month change: up from 5.30p

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

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