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Global Offshore Services’ arm bags contract worth Rs 37.50 crore

29 Feb 2012 Evaluate

Global Offshore Services’ vessels operated by the company's wholly owned subsidiary has bagged a contract worth Rs 37.50 crore  for a period of 4 years with an option for further extension of 4 years in Brazil. The contract is scheduled to commence in the last quarter of CY 2012.

Garware Offshore Services presently owns and operates a fleet of six anchor handling tugs cum vessels (AHTSV’S) and five platform supply vessels (PSV'S). The company's vessels are working in various markets including India, Europe and Far East.

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