The Execution
Engine
When GEPL commits to a project, GSP's wholly-owned fleet delivers it. No charter fees. No third-party yard risk. 26 assets — 100% owned. This is not a contractor relationship. This is co-ownership of the most capital-intensive components of the project — embedded directly into GEPL's cost structure and equity base.
GSP has completed 12 major EPCI projects, laid 700+ km of subsea pipeline, and executed 80+ offshore drilling campaigns across the Black Sea, Mediterranean, North Sea, and Gulf of Mexico — for OMV Petrom, Energean, Wintershall, Perenco, TPAO, PEMEX, and Petrobras. The GEPL project brings that entire capability base to West Africa for the first time.
Owned Assets.
Zero
Charter Exposure.
Every competitor in West African offshore gas either charters its MOPU — at $30M to $50M per year — or builds new infrastructure at $500M to $1.5B. GSP owns the rig. GSP owns the conversion shipyard. GSP executes the conversion. The cost differential is not marginal. It is structural. And it compounds across the entire project life.
The GSP Orizont jackup — GEPL's Phase 1 MOPU — simultaneously functions as an in-kind equity contribution of US$125M to the project capital structure. No comparable arrangement exists anywhere else in West African offshore energy development.
Seven self-elevating cantilever jackup units, one drilling tender barge, one deepwater semi-submersible. All 100% GSP-owned. Operated across the Black Sea, Mediterranean, North Sea, and Gulf of Mexico. Three jackup units — Orizont, Atlas, and Fortuna — are designated for the GEPL FAST LNG complex.
Four AHTS vessels with Ampelmann walk-to-work systems, five PSV/OSV support vessels, five construction and pipe-lay barges, two multirole/subsea vessels, two floating cranes. Full offshore construction capability — independently deployed without third-party logistics.
Work-class and observation ROVs deployed from GSP construction vessels. Full subsea inspection, repair, and maintenance capability.
Deep saturation diving systems enabling continuous manned intervention at depth — critical for pipeline tie-in and subsea infrastructure commissioning.
Mechanical and jetting trenching systems for subsea pipeline burial. Directly applicable to export pipeline installation in shallow-water West Africa conditions.
Delivered across the Black Sea, Mediterranean, North Sea, and Gulf of Mexico — for OMV Petrom, Energean, Wintershall, Perenco, TPAO, PEMEX, and Petrobras.
Including the 126km Midia Gas Development pipeline — the most technically comparable precedent for GEPL's West Africa export pipeline installation.
Jackup drilling operations spanning multiple geological basins and regulatory environments — including the same shallow-water profiles as GEPL's target development.
Founded 2003. Zero fatal accidents across the fleet from 2013 to 2023. ISO 9001, 14001, and 45001 certified across the GSP operating group.