Gulf Marine Services PLC Directorate Change (2705I)
04 August 2023 - 4:00PM
UK Regulatory
TIDMGMS
RNS Number : 2705I
Gulf Marine Services PLC
04 August 2023
FOR IMMEDIATE RELEASE 4 August 2023
Gulf Marine Services PLC
('Gulf Marine Services', 'GMS', the 'Company' or the
'Group')
DIRECTORATE CHANGE
Rashed Al Jarwan Stepping down from the Board
Rashed Al Jarwan, a Non-Executive Director of the Company since
2020, has today notified that for personal reasons he is retiring
from the Board with immediate effect. The Board will miss his
presence and records its appreciation for his substantial input to
the Company over the past three years.
Lord Anthony St John of Bletso, another non-executive Director
of the Company, has been appointed as Senior Independent Director
with immediate effect. The Board intends to appoint an additional
non-executive Director in due course.
Mansour Al Alami, Chairman, commented "On behalf of the whole
Board, I would like to thank Rashed for his substantial
contribution to the Company over the past three years helping guide
the Group through its turnaround. Rashed leaves the Board with our
best wishes for the future."
Enquiries:
Gulf Marine Services PLC Tel: +44 (0)20 7603 1515
Mansour Al Alami
Executive Chairman
Celicourt Communications Tel: +44 (0) 20 7770 6424
Mark Antelme / Philip Dennis
/ Ali AlQahtani
Notes to Editors:
Gulf Marine Services PLC, a company listed on the London Stock
Exchange, was founded in Abu Dhabi in 1977 and has become a world
leading provider of advanced self--propelled self--elevating
support vessels (SESVs). The fleet serves the oil, gas and
renewable energy industries from its offices in the United Arab
Emirates, Saudi Arabia and Qatar.
The Group's assets are capable of serving clients' requirements
across the globe, including those in the Middle East, South East
Asia, West Africa, North America, the Gulf of Mexico and Europe.
The GMS fleet of 13 SESVs is amongst the youngest in the industry.
The vessels support GMS's clients in a broad range of offshore oil
and gas platform refurbishment and maintenance activities, well
intervention work and offshore wind turbine maintenance work (which
are opex--led activities), as well as offshore oil and gas platform
installation and decommissioning and offshore wind turbine
installation (which are capex--led activities).
The SESVs are categorized by size -- K--Class (Small), S--Class
(Mid) and E--Class (Large) -- with these capable of operating in
water depths of 45m to 80m depending on leg length. The vessels are
four--legged and are self--propelled, which means they do not
require tugs or similar support vessels for moves between locations
in the field; this makes them significantly more cost--effective
and time--efficient than conventional offshore support vessels
without self--propulsion. They have a large deck space, crane
capacity and accommodation facilities (for up to 300 people) that
can be adapted to the requirements of the Group's clients.
Gulf Marine Services PLC's Legal Entity Identifier is
213800IGS2QE89SAJF77
www.gmsplc.com
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END
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