Gulf International Services QPSC (GISS)

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News

21 April 2016 01:19 PM Gulf International to reveal Q1 financials 25 April

Doha – Mubasher: Gulf International Services announced on Thursday that its financial statements for the first quarter of the fiscal year 2016 will be released on 25 April, according to a bourse filing. The company earlier reported net losses of …

Event

21 March 2016 09:50 AM Fire breaks out on Gulf International onshore rig

Doha – Mubasher: Gulf International Services Company said Monday that a fire broke out in an onshore drilling rig that belongs to its subsidiary Gulf Drilling International. The fire took place while the platform was being processed to move to …

Companies Investments

20 March 2016 09:44 AM Gulf International says drilling unit to maintain operating activities

Doha – Mubasher: Qatar’s Gulf International Services Company said Sunday that its subsidiary Gulf Drilling International (GDI) is seeking to maintain the level of its operating activities. The Qatar listed company added that GDI is now taking more …

Companies Investments

2 March 2016 08:57 PM Qatar's Gulf International to expand regionally in 2016

By: Eslam Salem Doha – Mubasher: Gulf International Services Company is intending to expand its footprint regionally this year, the chairman said on Wednesday. During the company's ordinary general meeting, Chairman Khalid bin Khalifa Al Thani …

Financial Results

2 March 2016 07:38 PM Gulf International Services approves QAR1/shr dividends

By Eslam Salem Doha – Mubasher: Shareholders of Gulf International Services Company endorsed on Wednesday the board's proposal for distributing cash dividends for the fiscal year 2015 at 10% of the stock par value, or QAR 1 per share. The …

Financial Results

20 February 2016 02:30 PM Gulf International signs deal with Dolphin Energy

Doha – Mubasher: Gulf International Services said Saturday that Gulf Drilling International Ltd, a subsidiary and also the leading provider of drilling services for oil fields in Qatar, concluded an agreement with Dolphin Energy Ltd. Under the …

Companies Investments

3 February 2016 09:09 AM Gulf International loses QAR 21m in Q4-15

Doha – Mubasher: Gulf International Services Company posted on Wednesday net losses of QAR 20.9 million in the fourth quarter of fiscal year 2015. Annual profit reached QAR 801.4 million last year, 43.2% down from QAR 1409.8 million in 2014. The …

Financial Results

18 November 2015 08:21 AM Al Safliya lift-boat to start running early 2016

Doha – Mubasher: Gulf Drilling International Limited (GDIL), a subsidiary of Gulf International Services (GIS), on Wednesday announced that Nakilat-Keppel Offshore and Marine Company (N-KOM) completed the construction of a new lift-boat, Al …

Corporate Actions

4 August 2015 04:02 PM GIS posts QAR 605m profits in H1

Doha-Mubasher: Gulf International Services (GIS) reported a profit rise by 30.6% or QAR 141.7 million to QAR 605.4 million ($166 million) in the first half of 2015, compared to figures from the same period of 2014. Revenues gained 43.8% or QAR …

Financial Results

7 July 2015 09:42 AM GIS unit to repair damaged barge

Doha-Mubasher: Gulf International Services (GIS) said Tuesday that its subsidiary Gulf Drilling International (GDI) will carry out repair and maintenance of its accommodation jack-up "Rumailah" after having an accident in Al Shaheen field on 5 …

Company News

25 June 2015 10:09 AM Qatar Petroleum stops to award contracts to affiliates directly

Doha-Mubasher: Qatar Petroleum (QP) decided not to assign contracts by direct agreement with the relevant parties, including wholly or partly owned companies by Qatar Petroleum or its subsidiaries. The decision is part of its role to emphasize the …

Company News

2 June 2015 02:58 PM GIS sees drilling rig operational, affirms strong position

Doha-Mubasher: Gulf Drilling International (GDI), 100% owned by Gulf International Services (GIS), has signed a short-term deal setting one of its jack-up drilling rigs in operation.The deal, backed by Qatar Petroleum, came as a result of GDI’s …

Company News

2 June 2015 08:49 AM GDI subsidiary appoints new CEO

Doha-Mubasher: Gulf Drilling International (GDI), totally owned by Gulf International Services (GIS), appointed Mubarak Awaida Al-Hajri as new CEO, starting from 14 June, 2015.Al-Hajri has a long experience with Qatar Petroleum, where he worked …

Company News

21 April 2015 00:12 PM Gulf International stock slips, shrugs off Q1 financials

Doha-Mubasher: Gulf International Services (GIS) reversed its positive performance on Tuesday, following the announcement of its financials during the first quarter of 2015.The stock lost QAR 0.30 or 0.34% to reach QAR 87.70 after trading 239,640 …

Trade

21 April 2015 10:01 AM Gulf International Q1 revenues surge 100%

Doha-Mubasher: Gulf International Services (GIS) hit its highest quarterly revenues since its establishment, soaring 100% to QAR 1.2 billion in Q1-15, according to a filing to Qatar Stock Exchange.The company’s net profit jumped 89% to QAR 355.72 …

Company News

13 April 2015 08:30 AM Gulf Int’l Services’ profits leap 89% in Q1-15

 Qatar – Mubasher: Gulf International Services reported a net profit of QAR 355.72 million ($97.7 million) during the first quarter of 2015 compared to QAR 188.61 million ($51.8 million) during the corresponding period of 2014, registering a …

Company News

12 April 2015 03:43 PM Gulf International unit cancels contract on oil prices decline

Gulf Drilling International (GDI) said one of its jack-up rigs currently working under contract will be released by one of its clients in early May 2015.GDI a subsidary of Gulf International Services will cancel the contract as a result of s a …

Company News

19 February 2015 08:38 AM Qatar’s GIS approves QAR 1.22bn dividends

Cairo-Mubasher: Gulf International Services (GIS) announced in a filing to Qatar Exchange (QE) that its ordinary general meeting approved the Board’s recommendation to distribute a cash dividend representing 55% par value and 72.5% of total …

Company News

26 January 2015 02:23 PM Gulf Drilling seals contract with Gulf LiftBoat

Gulf Drilling International Limited, a subsidiary of Gulf International Services (“GIS”), the largest oilfield service company in Qatar, announced that it has signed a contract with Gulf LiftBoat Pte. Ltd. (“GLB”) for the provision of liftboat …

Company News

7 January 2015 01:59 PM GIS board recommends 55% cash dividend

Gulf International Services Co. (GIS) announced that its Board of Directors has recommended a cash dividend distribution for the financial period ended December 31st, 2014 of QAR 1022.12 million, which is equivalent to QAR5.5 per share, representing …

Company News

24 December 2014 02:33 PM GIS shareholders to tackle dividends payment Jan 7

Gulf International Services Company - GIS announced that its Board of Directors will be holding a meeting on Wednesday, January 7, 2015.The meeting will discuss the proposed dividend distribution for the financial year ending December …

Company News

14 December 2014 01:20 PM Gulf International unit delivers two new AW189

Gulf International Services announces that its wholly-owned subsidiary, Gulf Helicopters, which has 2 AW189 helicopters in off-shore configuration in fleet, has now taken delivery of 2 more AW189 helicopters.Gulf Helicopters has a total …

Company News

25 November 2014 02:08 PM Gulf Helicopters signs contract with Aramco, Eni Africa

Gulf International Services Co. said its wholly-owned subsidiary Gulf Helicopters has entered into a contract with Saudi Arabian Oil Co. (Aramco) for the use of two AW 139s in support of its petroleum operations in Tanajib, Saudi …

Company News

27 October 2014 02:10 PM GDI Places new Jack-up Rig "Dukhan" into Service for QP

Gulf Drilling International (GDI) a subsidiary of Gulf International Services (GIS) announced that the new jack-up drilling rig "Dukhan" has been accepted by its client, Qatar Petroleum, and left NKOM Shipyard at Ras Laffan in route …

Company News

20 October 2014 03:06 PM Qatar's GIS net profit skyrockets by 70% in 9M

Gulf International Services - GIS , the largest service group in Qatar, with interests in a broad cross-section of industries, ranging from insurance, re-insurance, fund management, onshore and offshore drilling, accommodation barge, …

Company News