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Gulf Capital eyes $500m gain from GMS saleAbu Dhabi private equity firm Gulf Capital expects to raise more than $500 million from the sale of its 79 per cent stake in Gulf Marine Services (GMS) before the end of June, the company's chief executive said. Gulf Capital, which has aro More… |
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Multiple bidders eye Abu Dhabi's Gulf MarineAbu Dhabi private equity firm Gulf Capital has attracted nearly a dozen initial bids for its Gulf Marine Services unit (GMS), two sources said, with a sale seen generating around $500 million. Gulf Capital, which has around $1 billion of a More… |
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HB Rentals celebrates successful yearGlobal offshore accommodation specialist to the oil and gas industry, HB Rentals, will award several contracts in the UAE in celebration of a successful year, following the opening of its first Middle East base in the Emirates last year. A More… |
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Gulf Marine Services wins Saudi contractGulf Marine Services Saudi Arabia (GMSSA), a leading provider of self-propelled jackup barges to the offshore energy sector, has won a contract from J Ray McDermott (JRM) to supply offshore accommodation support services. Under this contra More… |
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GMS developing 'most flexible vessel'Gulf Marine Services (GMS), a leading elevating support vessel operator in the region, is developing one of the most flexible and capable vessels in the market. The uniquely designed self-propelled self elevating jack-up barge is currently More… |
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Shoaibi, GMS in offshore services JVSaudi-based Shoaibi Group (SG) and the UAE’s Gulf Marine Services (GMS) have signed an agreement to set up a joint venture company to provide offshore barge operation services in the Kingdom. The new company, named “Gulf Marine Services Sa More… |
