Gulf Marine Services appoints Anthony St John to its Board as Non-Executive Director and announces Mansour Al Alami named Executive Chairman

– UAE, Abu Dhabi –  Gulf Marine Services PLC (LON: GMS), a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas, and renewables industries, today announced the appointment of Interim Executive Chairman, Mansour Al Alami as Executive Chairman.

The company also is announced the appointment of Lord Anthony St John of Bletso to its Board of a Non-Executive Director with immediate effect.

“GMS is very pleased that Anthony has agreed to join the Board as a Non-Executive Director. He brings a wealth of highly relevant experience, developed in energy, finance and other sectors. He is also an extremely well-respected Board member, which brings with it a high degree of oversight and integrity and will provide support to the executive team. This is another important step in the resetting of GMS, which is well placed to create value deploying its fleet in support of the international offshore industry.” said Executive Chairman, Mansour Al Alami.

About Anthony St John

Anthony St John is a crossbench peer in the House of Lords. As a practising lawyer by training, with his LLM in Maritime Law, he worked for Shell (South Africa) and then as an oil analyst and in specialist sales for several institutions in the City of London. Through his subsequent career he has held a number of executive and advisory roles in high growth companies.

Anthony is currently Non-Executive Chairman of Integrated Diagnostics Holdings, and a Non-Executive Director of Yellow Cake PLC and Smithson Investment Trust PLC. He is also a Trustee of a number of charities, with a strong focus on education and wildlife conservation, and was formerly a director of Albion Enterprise VCT PLC.

About

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. The fleet serves the oil, gas and renewable energy industries from its offices in the United Arab Emirates, Saudi Arabia and the United Kingdom. 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, with an average age of eight 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.

For more information : https://www.gmsplc.com/

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