REG - Gulf Marine Services - Board Appointment

Gulf Marine ServicesAnnouncement

11/10/2023 07:15

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RNS Number : 6990P  Gulf Marine Services PLC  11 October 2023

 

11 October 2023

Gulf Marine Services PLC

('Gulf Marine Services', 'GMS', 'the Company' or 'the Group')

Appointment of Independent Non-Executive Director

 

GMS, a leading provider of advanced self-propelled, self-elevating support
vessels serving the offshore oil, gas and renewables industries, is pleased to
announce the appointment of Haifa Al Mubarak to the Board as an Independent
Non-Executive Director with immediate effect.

 

Ms Al Mubarak brings over 40 years' experience in the oil & gas sector and
other related industries, having started her career at Abu Dhabi Company for
Offshore Oil Operations in 1980. Ms Al Mubarak subsequently joined Abu Dhabi
Marine Operating Company before founding Know How for Management Consulting in
2004. Know How for Management Consulting specialises in delivering key
learning initiatives for blue-chip clients across the region, helping them
create a platform for developing the managers and leaders of tomorrow, through
data-driven strategies.

 

Ms Al Mubarak holds a BA in Psychology from the University of Denver, U.S.A,
and is a certified practitioner for NLP, Myers-Briggs EQ-I 2.0 and EQ 360, as
well as being a Psychometric Assessor.

 

Commenting, Mansour Al Alami, Executive Chairman of GMS, said:

 

"We are delighted to welcome Haifa Al Mubarak to the board of GMS. In addition
to her oil & gas and related industry experience, she offers great insight
around best working practices, which for a company with over 500 employees, is
key to ensuring ongoing efficiency and best practice. She joins the Company at
an exciting time, with significant momentum behind the Company's core markets
of oil & gas and renewables".

 

There are no disclosures required to be made in accordance with LR 9.6.13R of
the Listing Rules of the Financial Conduct Authority.

-ENDS-

 

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 GCC,
Southeast Asia, West Africa, North America, the Gulf of Mexico and Europe.

 

The GMS fleet of 13 SESVs is amongst the youngest in the industry, with an
average age of eleven years. 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 categorised 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

Disclaimer

The content of the Gulf Marine Services PLC website should not be considered
to form a part of or be incorporated into this announcement.

 

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