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): December 20, 2005


                          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 December 20, 2005, Gulf Island Fabrication, Inc. issued a press release
announcing an agreement to acquire Gulf Marine Fabricators' assets and to enter
into a cooperation agreement for certain future EPC projects. A copy of the
press release is attached as Exhibit 99.1.


Item 9.01   Financial Statements and Exhibits.

     (c)  Exhibits

               The following exhibit is filed herewith:

               Exhibit No.               Description
                 99.1                    Press Release dated December 20, 2005


                                   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:  December 20, 2005