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Global Offshore deploys AHT supply vessel MV Poorna

On 3 year contract valued at Rs 133 mn

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Announcement Corporate

Global Offshore Services Limited (Formerly known as Garware Offshore Services Limited) one of the leading offshore vessels services providers has entered in to a 3 year contract with one of the exploration and production company. The company’s anchor handling tug cum supply vessel (AHTSV), MV Poorna has been awarded a three year contract with an approx. value of Rs133 million per annum and the same will be deployed on the West Coast of India.

Commenting on this development, Mr. Aditya Garware, Vice Chairman and Managing Director, Global Offshore Services Limited said,“The Company continues to be bullish on this sector in view of the increased Exploration & Production Activity. We at Global offshore strongly believe and see a huge potential in this business”.

 

Global Offshore’s total fleet size stands at 13 vessels which comprises of6 Anchor Handling Tug cum Supply Vessels (AHTSV), 4 Platform Supply Vessels (PSV), 1 Accommodation Work Barge (AWB) on BBC, 1 AHTSV on BBC and 1 Large PSV owned by its subsidiary.

“The company is committed towards increasing its presence in new geographical markets”, added Mr. Aditya Garware.

About Global Offshore Services:
GLOBALOFFSHORE SERVICES LIMITED IS ENGAGED IN THE BUSINESS OF PROVIDING OFFSHORE LOGISTICSSUPPORT SERVICES TO THE EXPLORATION &PRODUCTION / CONSTRUCTION INDUSTRY. THE COMPANY PRESENTLY OWNS AND OPERATES A FLEET OF SIX ANCHOR HANDLING TUG CUM SUPPLY VESSELS (AHTSV'S) AND FOUR PLATFORM SUPPLY VESSELS (PSV'S).

THE COMPANY HAS RECENTLY ADDED TOITS FLEET ONE LARGE PSV IN ITS 100% SUBSIDIARY IN THE NETHERLANDS. THE COMPANY'S SINGAPORE SUBSIDIARY OPERATES ONE ACCOMODATION WORK BARGE AND ONE AHTSV ON BARE BOAT.THE COMPANY'S VESSELS ARE WORKING IN VARIOUS MARKETS INCLUDING INDIA, EUROPE, WEST AFRICA AND THE FAR EAST.

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First Published: Mar 14 2011 | 7:02 PM IST

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