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Global Offshore Services Limited (formerly known as Garware Offshore Services Limited), has entered into a three-year contract worth Rs 39.3 crore, with an exploration and production company.
The company’s anchor handling tug-cum-supply vessel (AHTSV), MV Mahananda, has been awarded a three-year contract with an approximate value of Rs 13.1 crore per annum and the same will be deployed on the West coast of India, said a press release.
“The company continues to be bullish on this sector in view of the increased exploration and production activity. We at Global Offshore strongly believe and see a huge potential in this business.”
Global Offshore operates a total fleet of 13 vessels. Global Offshore Services is engaged in the business of providing offshore logistics support services to the E&P/construction industry.
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