GLOBOFFS

Garware Offshore Services Limited has informed the Exchange that "The Company's Platform Supply Vessel, "M. V. Mana", which is presently in the spot market, has been awarded a 2 year contract in the North Sea by a prominent E & P Company. The value of the contract will be approx Rs 22.50 crores per annum".

Garware Offshore Services Limited has informed the Exchange that the Company has received a Letter of Award of Contract for its Anchor Handling Tug Cum Supply Vessel, "M.V.Meghna" The tenure of the contract will be for 3 years. The value of the contract will be approx. Rs.20.71 Crores per annum. The area of operation will be India.

Garware Offshore Services Limited has informed the Exchange that "The 'Anchor Handling Tug cum Supply Vessel' viz., "M. V. Shergar", which was taken on long term Bareboat Charter by the Company's Wholly owned Subsidiary - Garware Offshore International Services Pte. Limited, Singapore has been awarded a contract and is being deployed in the Middle East".

Garware Offshore Services Limited has informed the Exchange that the Company's Curative Petition filed before the Hon'ble Supreme Court against Oil & Natural Gas Corporation Limited has been dismissed.

Garware Offshore Services Limited has informed the Exchange that "The 'Accommodation Work Barge' viz., 'Beau Geste', which was taken on long term Bareboat Charter by the Company's Wholly Owned Subsidiary - Garware offshore International Services Pte. Limited, Singapore has been deployed on a Short Term Contract + mutual extensions in ASEAN waters".

Garware Offshore Services Limited has informed the Exchange that "The Company's Wholly Owned Subsidiary, viz., Garware Offshore International Services Pte. Ltd., Singapore has taken delivery of an Anchor Handling Tug cum Supply Vessel, 'M.V.Shergar' on a long term 'Bareboat Charter' basis. With the delivery of the above vessel, the Company's fleet strength stands as follows: 5 Platform Supply Vessels owned by the Company.6 Anchor Handling Tug cum Supply Vessels owned by the Company.1 Accommodation work Barge on Bareboat Charter* 1 Anchor Handling Tug cum Supply Vessel on Bareboat Charter*. *

Garware Offshore Services Limited has submitted to the Exchange the details as per requirement of clause 20 of the listing Agreement. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GARWARE_UPDATES_18082009.zip target=NEW> For more details click here.</a>

Garware Offshore Services Limited has informed the Exchange that the Company has secured a firm contract for 3 years from Oil & Natural Gas Corporation Ltd. for its newly built Platform Supply Vessel ' M V Makalu'. The annual revenue from this contract is expected to be in the region of Rs. 35 crores.

Garware Offshore Services Limited has informed the Exchange that "The Company has taken delivery of a newly built Anchor Handling Tug Cum Supply Vessel named 'M.V. Mahananda', in Singapore".

Garware Offshore Services Limited has informed the Exchange that the Company has taken delivery of a newly built Platform Supply Vessel named 'M.V. Makalu', in Norway.

Garware Offshore Services Limited has submitted to the Exchange a copy of the Abstracts and Memorandum of Interest U/s. 302 of the Companies Act, 1956 in connection with Revision in salary payable to Chairman & Wholetime Director and Re-appointment of Vice Chairman & Managing Director, sent to the shareholders of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GARWOFFS_Updates_26022009.zip target=NEW> For more details c

Garware Offshore Services Limited has informed the Exchange that "British Gas Exploration & Production India Ltd. has released our Vessel "M.V.Everest" from contract. The said Vessel has now commenced work with a leading Marine Offshore Construction Company for a period of upto 3 months".

Garware Offshore Services Limited has informed the Exchange that the Company has taken delivery of a New Anchor Handling Tug-cum-Supply Vessel, M. V. Meghna. The Vessel, which was scheduled to work in South Africa, will instead work in the ASEAN market, since the Charterers have decided to re-tender for the said contract, due to delay in delivery of the Vessel.

Garware Offshore Services Limited has informed the Exchange that "The Company has placed an order with Havyard Leirvik AS, for a Multi Purpose Platform Supply Vessel of 4500 DWT. The Vessel will have Diesel Electric Propulsion, offering potential customers significant savings in fuel consumption. The vessel will also have an optional Moon Pool and the deck will be strengthened for the fitment of a Crane. The approximate cost of the Vessel is USD 55 Million and scheduled for delivery in the last quarter of Calendar Year 2010".

Garware Offshore Services Limited has informed the Exchange that the Company has secured a Firm Contract for upto 3 years in South Africa for its new Anchor Handling Tug-cum-Supply Vessel (AHTSV) viz. 'M.V. Meghna' scheduled for delivery in the last quarter of the year. The annual revenue from this Contract is expected to be in the region of Rs.22.00 crores.

Garware Offshore Services Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on July 31, 2008 the Audited Accounts for the 15 months ended March 31, 2008 were considered and approved. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Garware_Updates_31072008.zip target=NEW> For more details click here.</a>

Garware Offshore Services Limited has informed the Exchange vide its letter dated July 21, 2008, that: "The Company has today taken the delivery of Anchor Handling Tug Cum Supply Vessel (AHTSV) viz, 'M.V. Poorna' at Singapore, having a bollard pull of 60T. The Vessel has "DP1 System" and "FiFi 1" Notation. The layout of the Wheelhouse & Accommodation has been done with comfort of the crew and ease of operation as priority and all equipment on the Vessel is fitted as per the latest requirements of international Maritime Organization. The Vessel is scheduled to work in the Far East on a term co

Garware Offshore Services Limited has informed the Exchange vide its letter dated June 27, 2008 that "The Company has today taken the delivery, at Norway, of a PSV, viz., "M. V. Mana" having Rolls Royce UT 755LN design. This vessel has improved fuel economy over the UT 755L designs as it has bulbous bow. The vessel has 2 Bow Thrusters & 2 stern Thrusters, "DP1 System", "FIFI 1" and "CLEAN" Notation and is fitted with an Electronic Chart Display. The layout of the Wheelhouse & Accommodation has been done with comfort of the crew and ease of operation as priority. All equipment on the vessel is

Garware Offshore Services Limited has informed the Exchange that "The Company has secured a contract for upto 3 years for its new Anchor Handling Tug cum Supply Vessel (AHTS) being delivered in Singapore in June, 2008. The annual revenue from this contract is expected to be in the region of Rs. 17.5 crores. The Company presently owns and operates six vessels and has five more vessels scheduled for delivery within the next 10 months. In view of buoyant demand in the Offshore Services Sector, the Company continues to look for more assets to acquire in an attempt to develop/ strengthen its fleet.

Garware Offshore Services Limited has informed the Exchange that: "On 1st April, 2008 the Company has sold one of its vessel, "M.V. Garware- II" which was built in 1983".

Garware Offshore Services Limited has informed the Exchange that the Board of Directors of the Company at the meeting held on January 24, 2008, have considered the following: "The Board noted that the Contract for charter hire of Company's Platform Supply Vessel 'M.V. Everest' expiring in January, 2008, is further renewed for a period of two years by B.G. Exploration and Production India Ltd. (British Gas) with an upward revision of approximately 20% in the charter hire compared to previous contract".