Portfolio
GSP Offshore
About
Headquartered in Constanța, Romania, with three fabrication and operational bases, GSP delivers integrated offshore services across the full lifecycle of oilfield and marine infrastructure projects; offshore drilling, offshore construction, shipping, well services, hydrotechnical construction, windmill projects, engineering, subsea installation, and training. The group operates across a strong customer base in the Black Sea, with a growing position in the North Sea, Azov Sea, Marmara Sea, and Southeast Mediterranean.
Summary
Asset
GSP Holding
Scale
18 construction vessels, 9 drilling rigs
Geography
Black Sea, Mediterranean, West Africa
Structure
Ring-fenced within GVC Maritime Cyprus
Pipeline
$10B+ confirmed, 2025–2031
Operational bases
3 (Constanța, Romania)
One of Europe's most established integrated offshore oilfield services groups.
Structure
Our position in GSP Holding is ring-fenced within GVC Maritime Cyprus; structured ownership that sits alongside GSP's operating business, giving us direct economic exposure to the group's fleet and project pipeline.
AUM
$800M+
Vessels
21+
Pipeline
$10B+
What GSP does
One group, every offshore discipline.
Most offshore projects stall in the handoffs between the drilling contractor, the construction crew, and whoever ends up owning the subsea scope. GSP runs the full lifecycle in-house, so there's one operator to track from first survey to final handover.
Drilling
Offshore and onshore drilling, well intervention, workover operations, and platform drilling supported by a fleet of mobile offshore drilling units (MODUs).
Engineering
Civil, structural, and subsea engineering across offshore installation and fabrication projects, from concept through detailed design.
Offshore Construction
Installation of platforms, pipelay, cablelay, and subsea structures, alongside fabrication of jackets, topsides, and single point mooring systems.
Subsea Services
Diving (including SAT diving) and survey operations, supporting inspection, maintenance, and subsea installation work across the fleet's project pipeline.
Hydro-technical Construction
Port and harbor infrastructure, marine construction, and heavy-lift operations delivered from GSP's operational bases in Constanța.
Shipping & Training
AHTS, PSV, and support vessel operations, backed by an IWCF-accredited training center for well control and drilling technology.
