UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

      Date of Report (Date of Earliest Event Reported): September 27, 2006


                          GULF ISLAND FABRICATION, INC.
             (Exact name of registrant as specified in its charter)


         Louisiana                      0-22303                   72-1147390
(State or other jurisdiction          (Commission               (IRS Employer
     of incorporation)                File Number)           Identification No.)


                                583 Thompson Road
                             Houma, Louisiana 70363
               (Address of principal executive offices)(Zip Code)


                                 (985) 872-2100
              (Registrant's telephone number, including area code)


                                 Not applicable
          (Former name or former address, if changed since last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17CFR 240.13e-4(c))



Item 8.01       Other Events.

     On September 27, 2006, Gulf Island Fabrication, Inc. issued a press release
announcing that its  wholly-owned  subsidiary G.M  Fabricators,  L.P. d/b/a Gulf
Marine Fabricators,  has received formal notification by a letter of intent from
Bluewater  Industries,  Inc.,  who  has  been  contracted  with  ATP  Oil  & Gas
Corporation  ("ATP"),  that Gulf  Marine  has been  selected  to  fabricate  and
load-out a MinDOC 3 hull. A copy of the press release is attached.

Item 9.01       Financial Statements and Exhibits.

      (c) Exhibits

                    The following exhibit is filed herewith:

                    Exhibit No.         Description
                    99.1                Press Release dated September 27, 2006








                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                        GULF ISLAND FABRICATION, INC.



                                        By: /s/ Joseph P. Gallagher, III
                                            ------------------------------------
                                                Joseph P. Gallagher, III
                                                Vice President - Finance,
                                                Chief Financial Officer
                                                    and Treasurer
                                             (Principal Financial Officer
                                              and Duly Authorized Officer)

Dated: September 27, 2006